- I. Introduction
-
II. Questions and Answers (Q&A) on REMIT
- II.1. Background Information
- II.2. The role of the Agency
- II.3. REMIT definitions
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II.4. Obligations and prohibitions for market participants
- II.4.1.
- II.4.2.
- II.4.3.
- II.4.4.
- II.4.5.
- II.4.6.
- II.4.7.
- II.4.8.
- II.4.9.
- II.4.10.
- II.4.11.
- II.4.12.
- II.4.13.
- II.4.14.
- II.4.15.
- II.4.16.
- II.4.17.
- II.4.18.
- II.4.19.
- II.4.20.
- II.4.21.
- II.4.22.
- II.4.23.
- II.4.24.
- II.4.25.
- II.4.26.
- II.4.27.
- II.4.28.
- II.4.29.
- II.4.30.
- II.4.31.
- II.4.32.
- II.4.33.
- II.4.34.
- II.4.35.
- II.4.36.
- II.4.37.
- II.4.38.
- II.4.39.
- II.4.40.
- II.4.41.
- II.4.42.
- II.4.43.
- II.4.44.
- II.4.45.
- II.4.46.
- II.4.47.
- II.4.48.
- II.4.49.
- II.4.50.
- II.4.51.
- II.4.52.
- II.4.53.
- II.4.54.
- II.4.55.
- II.4.56.
- II.4.57.
- II.5. Timeline of the implementation
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III. Questions and Answers (Q&A) on the Implementation of REMIT and Commission Implementing Regulation (EU) No 1348/2014
- III.1. Background Information
-
III.2. Reporting through Registered Reporting Mechanisms (RRMs)
- III.2.1.
- III.2.2.
- III.2.3.
- III.2.4.
- III.2.5.
- III.2.6.
- III.2.7.
- III.2.8.
- III.2.9.
- III.2.10.
- III.2.11.
- III.2.12.
- III.2.13.
- III.2.14.
- III.2.15.
- III.2.16.
- III.2.17.
- III.2.18.
- III.2.19.
- III.2.20.
- III.2.21.
- III.2.22.
- III.2.23.
- III.2.24.
- III.2.25.
- III.2.26.
- III.2.27.
- III.2.28.
- III.2.29.
- III.2.30.
- III.2.31.
- III.2.32.
- III.2.33.
- III.2.34.
- III.2.35.
- III.2.36.
- III.2.37.
- III.2.38.
- III.2.39.
- III.2.40.
- III.2.41.
- III.2.42.
- III.2.43.
- III.2.44.
- III.2.45.
- III.2.46.
- III.2.47.
- III.2.48.
- III.2.49.
- III.2.50.
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III.3. Transaction Reporting
- III.3.1.
- III.3.2.
- III.3.3.
- III.3.4.
- III.3.5.
- III.3.6.
- III.3.7.
- III.3.8.
- III.3.9.
- III.3.10.
- III.3.11.
- III.3.12.
- III.3.13.
- III.3.14.
- III.3.15.
- III.3.16.
- III.3.17.
- III.3.18.
- III.3.19.
- III.3.20.
- III.3.21.
- III.3.22.
- III.3.23.
- III.3.24.
- III.3.25.
- III.3.26.
- III.3.27.
- III.3.28.
- III.3.29.
- III.3.30.
- III.3.31.
- III.3.32.
- III.3.33.
- III.3.34.
- III.3.35.
- III.3.36.
- III.3.37.
- III.3.38.
- III.3.39.
- III.3.40.
- III.3.41.
- III.3.42.
- III.3.43.
- III.3.44.
- III.3.45.
- III.3.46.
- III.3.47.
- III.3.48.
- III.3.49.
- III.3.50.
- III.3.51.
- III.3.52.
- III.3.53.
- III.4. Fundamental Data reporting
- III.5. List of organised market places
- III.6. List of Standard Contracts
- III.7. Inside Information
- III.8. Other Questions
III.5.3.
Do you consider person professionally arranging transaction in wholesale energy product as an organised market place?
Answer: Under Article 8(4)(d) of REMIT: “for the purposes of paragraph 1, information shall be provided by: [..] (d) an organised market, a trade-matching system or other person professionally arranging transactions;.”
In line with the above provision of REMIT, organised market places fall under the definition of persons professionally arranging transactions.
Having said that, and under Article 15 of REMIT, organised market places are required to:
- notify transactions that might breach Articles 3 and 5 of REMIT; and
- establish and maintain effective arrangements and procedures to identify breaches of Articles 3 and 5 of REMIT.
Updated:
22/10/2018