The regulators call for legally binding disclosure obligations in energy sector’s regulation including sanction mechanisms to better prevent market abuse in energy trading.
ERGEG and CESR advocate a tailored market abuse framework for energy markets. The regulators also call for legally binding disclosure obligations in energy sector’s regulation including sanction mechanisms to better prevent market abuse in energy trading.
ERGEG and CESR advocate the creation of an EU market abuse framework for electricity and gas products not covered by MAD. In addition, there are substantial interdependencies between electricity and gas markets and other markets, such as emission allowances, coal and oil markets. The Commission should take this into account when taking further decisions.
ERGEG and CESR will consult in October on the remaining mandate issues; record keeping, transparency and information exchange, and will deliver their final advice on these issues to the Commission by year end.
Press release
Feedback statement
Final advice
© CESR - Committee of European Securities Regulators
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article