Regulation No 1227/2011, or REMIT as we call it affectionately, is the EU legislation dictating integrity and transparency measures in the energy market. Although many businesses are familiar with REMIT, the future is unclear, given Brexit. REMIT outlines regulation to prevent market manipulation and abuse, but what happens now? For example, Does the obligation to report all wholesale trades and supply contracts over 600GWh still stand?
Sapient Global Markets is a market leader in business and technology services and solutions to capital and commodity market participants, intermediaries and regulators. May of their clients have a focus on regulatory reform and its impact on the commodity and energy sector, Sapient Global Markets will be onsite at ETOT 201 to discuss the impact REMIT is having on organizations, and how to leverage regulatory change to create new opportunities while maintaining ongoing compliance.