ACER and ESMA cooperate to better protect businesses and consumers from abuse of the energy market

News Corporate Finance & M&A General Updates

Date: 6th Dec, 2024 Source: European Securities and Markets Authority Country: European Union Original Source

Brief

On December 3, 2024, the 7th annual Energy Trading Enforcement Forum (ETEF) was held in Ljubljana, bringing together over 75 participants from regulatory bodies to enhance cooperation. The forum focused on revised REMIT regulations, market abuse cases, and artificial intelligence in energy and financial markets. The revised REMIT Regulation introduces new measures to protect EU citizens and businesses from energy market abuse, aligning with financial markets definitions and provisions. It grants ACER new powers for investigatory and enforcement actions in cross-border cases.

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European Securities and Markets Authority

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ACER and ESMA cooperate to better protect businesses and consumers from abuse of the energy market

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ACER and ESMA cooperate to better protect businesses and consumers from abuse of the energy market

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European Securities and Markets Authority

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