ACER publishes today the 5th edition of the Guidance on
the application of the EU Regulation on wholesale energy market integrity and
transparency (REMIT), including updates and further elaboration on the guidance
to National Regulatory Authorities (NRAs) related to assessing inside
information in wholesale energy products.
In addition, this document provides further guidance on how to
assess inside information based on four key REMIT criteria (i.e. it is precise,
not public, related to one or more wholesale energy products, and likely to
significantly affect prices). The new edition of the guidance also provides
several concrete examples of information and inside information in the
wholesale energy markets.
Market participants may benefit from the Guidance with respect to
complying with the prohibition of insider trading and the obligation to publish
inside information under REMIT. The Guidance introduces several best practices,
for example, on internal compliance rules of market participants to deal with
inside information.
ACER acknowledges that the implementation of these best practices
may require complex internal processes for some market participants which may
be delayed during the current coronavirus situation.
ACER will continue cooperating with NRAs to support them in
carrying out their enforcement and investigation duties under REMIT in a
consistent and coordinated way.
Access the Guidance 5th Edition
Find out more on the REMIT Portal
EU Regulation on wholesale energy market
integrity and transparency (REMIT)
