Europex response to ACER’s public consultation on the “Proposed Changes to Electronic Formats for Transaction Data, Fundamental Data and Inside Information Reporting”

Brussels, 8 November 2017 | Europex welcomes the opportunity to take part in ACER’s public consultation on the Proposed Changes to Electronic Formats for Transaction Data, Fundamental Data and Inside Information Reporting.

As a matter of principle, Europex supports the effort of ACER to enhance data quality for monitoring purposes and to implement a simplification of the reporting format. Despite these improvements, however, we would like to highlight that any change(s) to the already established reporting format will:

  • create implementation costs which will be passed on to market participants and end consumers;
  • increase system operation risks;
  • potentially affect the reliability of reporting market participants’ data to the ACERsystem.

Please read the full consultation response below.

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Categories: Consultation Responses.