Brussels, 15 November 2013 | We welcome the opportunity to take part in the consultation on the Draft REMIT Implementing Acts by DG Energy. In this paper, we focus on Article 5 (“Uniform rules for the reporting of records of transactions, including orders to trade”) and on Article 9 (“Implementing Acts”).
Europex considers it necessary that from the start of the full implementation of REMIT, market participants are required to report trading data from all market places – be it exchanges or brokers, regardless of, whether the contracts are standardised or non-standardised in order to avoid any reporting gaps. The deadlines for the implementation of the reporting infrastructure should therefore be harmonised.
Please find the position paper attached.