Navigating European Energy and Commodity Markets Regulation
First published:
If you are a Risk.net subscriber you are entitled to 20% off your Risk books purchases. Please email enquiries@riskbooks.com for more information.
As part of your Risk.net subscription you are entitled to 20% off all of your Risk Books purchases. If you would like to place an order please email enquiries@riskbooks.com
Appendix B: Glossary
Aviv Handler
Appendix B: Glossary
Section 1: Introduction
“Big Compliance” Hits Energy and Commodities
Regulatory Foundations: Financial Instruments, Venues and Trade Reporting
Section 2: Rule by Rule
EMIR
REMIT: The Energy Anti-abuse Rule
The Market Abuse Regulation: How Does it Apply to Energy and Commodities?
MiFID II: How Does It Apply to Energy and Commodities?
Other Regulations
Section 3: Architecture, Process and Summary
Technology Infrastructures Around Regulatory Compliance
Organisation, Process and Conclusion
Appendix A: Useful Links
Appendix B: Glossary
Appendix C: Determination of Trade Status
2009 G20 Pittsburgh Summit/Pittsburgh Declaration The G20 summit held after the financial crash. The declaration at the Summit resulted in rules that legislated for practices to reduce systemic risk, such as EMIR, FMIA and the Dodd–Frank Act.
ACER code (see Chapter 2) The code used to identify market participants under REMIT. It is issued when registering in the CEREMP.
ACER XML (see Chapter 4) Data format used to report under REMIT.
ACER’s Regulatory Information System (ARIS, see Chapter 4) The system used to collect data under REMIT. Registered reporting mechanisms (RRMs) usually forward data from market participants to ARIS.
Agency for the Cooperation of Energy Regulators (ACER, see Chapter 4) The regulatory body, based in Ljubljana, that coordinates several EU regulations across the EU, including REMIT.
Alternative instrument indicator (AII, see Chapter 2) Coding scheme used to identify products.
Ancillary activity exemption (see Chapter 6) Exemption found in MiFID II Article 2(1)j that permits those whose “main business” is in commodity derivatives to be exempt from the majority of MiFID II provided that the ancillary activity test is passed.
Ancillary
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
