More work required on Remit reporting, firms say
Back-loading, self-reporting and non-standard trades continue to pose major obstacles to compliance with Remit, say energy trading firms
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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