More work required on Remit reporting, firms say

Problems linger in areas such as back-loading and self-reporting

eye-spy-snoop-numbers
Under Remit, trade data will be readily accessible to regulators

The trade reporting requirements of the European Regulation on Wholesale Energy Market Integrity and Transparency (Remit) still need plenty of work, say energy trading firms, which are warning that it might be impossible to comply with the rules in their present form.

The worries come despite a public workshop held on April 3 by the Agency for the Cooperation of Energy Regulators (Acer), the European Union agency charged with market surveillance under Remit. At the meeting, Acer unveiled various

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