In line with Chapter 7 of the ACER Guidance, should the Inside information platforms make sure that they provide the functionality of downloading of UMM published on their websites?
Answer: According to the Chapter 7 of the the ACER Guidance on the application of REMIT, the functionalities allowed by an inside information platform’s website should, as per REMIT, feature unlimited access to the published inside information, as well as the possibility to download this information. Any limitation imposed by the platform that prohibits market participants from the efficient use of inside information is not compliant with REMIT. The platforms shall therefore enable selecting any text and using the copy-paste functionality for single data items on the website. They should also preferably allow the in-bulk downloading of the available information. Lastly, the platforms shall make sure that any legal disclaimers put on the platforms website which limit access to that website’s contents do not extend to the inside information published thereon.