Emir reporting updates put energy firms on alert

New reporting regime marks start of increased scrutiny for big players

Alert sign

Updates to the trade reporting regime of the European Market Infrastructure Regulation (Emir), which come into play on November 1, contain some key changes for energy firms, say market participants and consultants.    

The new, more granular rules are designed to address some of the ambiguities that have blighted Emir trade reporting from the start. Since February 2014, it has been mandatory for non-financial counterparties (NFCs) to report all exchange and over-the-counter transactions to trad

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