© ICIS HEREN - Council adopts new EU trading regulation
The new Regulation on Energy Market Integrity and Transparency (REMIT) was adopted by the European Council on Monday (10th October). REMIT is aimed at indentifying and prosecuting insider trading and market manipulation in Europe’s gas and electricity markets. The regulation was first proposed by the Commission on 8 December 2010. The European Parliament adopted the text in the first reading on 14 September. The regulation will become legally binding 20 days after its publication in the EU’s Official Journal. (RAPOARTELE ICIS Heren - EDEM 15194 / 10 octombrie 2011)

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