![]() REMIT establishes a series of obligations and prohibitions for participants in the market. The image below shows a time line for implementation of REMIT. REMIT also establishes a specific regulatory framework for oversight of the wholesale energy market, promoting coordination between the Agency for Cooperation Among Energy Regulators (ACER in Spanish) and the national regulatory authorities responsible for carrying out this oversight function. Specifically, these REMIT regulations establish prohibitions with respect to carrying out transactions using privileged information (article 3) and on manipulation or attempts at manipulation of the market (article 5), as well as the obligation to publish privileged information (article 4). 1227/2011 of the European Parliament and of the Council, of 25 October 2011, on wholesale energy market integrity and transparency (known as the REMIT REGULATIONS), establishes standards that prohibit abusive practices that affect the wholesale energy markets, with these markets understood to include the set of spot and term contract electricity and natural gas markets, with either physical or financial settlement, in each of the EU member states. REMIT Quarterly:Q3 2017 Basic information Publicación de la 21ª edición del documento de ACER sobre preguntas y respuestas en relación a REMIT ![]()
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