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 ACER system.
Please read the full consultation response below.