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FIA issues customer notice regarding REMIT Registration and Reporting

FIA issues customer notice regarding REMIT Registration and Reporting

24 September 2015 3:00pm EDT

This document summarizes the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT) registration and reporting requirements, which enter into force on October 7, 2015 for certain exchange-traded energy futures and options and April 7, 2016 for certain over-the-counter energy contracts.  The document is designed to help clearing firms inform customers who may have to comply with the new reporting obligation. A central feature of REMIT is the requirement for certain participants in the European wholesale energy markets to register with the national energy regulator in a given EU Member State. Registration is closely connected to the related reporting requirement. Registration applies to both European and non-European market participants, including persons located in the U.S., that enter into power and gas trades that are required to be reported under REMIT.

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Customer Notice Regarding REMIT Registration and Reporting.pdf (62.99 KB)

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