Risk glossary

 

Regulation on Wholesale Energy Market Integrity and Transparency (Remit)

Regulation on Wholesale Energy Market Integrity and Transparency is a European Union regulation prohibiting market abuse, including insider trading, in wholesale gas and power markets. It came into force at the end of 2011 and was implemented in stages over a number of years. The regulation toughened previous rules by requiring market participants to disclose inside information and introducing EU-wide market monitoring.

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