The Practical Aspect of Complying with REMIT - Free ICIS Webinar

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Nov 05, 2014, 12:03 ET

LONDON, November 5, 2014 /PRNewswire/ --

Established energy market intelligence provider, ICIS, has announced a free webinar which will take place on the 11^th November 15:00GMT.

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Soon energy companies in Europe will have to report all power and gas trades under the regulation on wholesale energy market integrity and transparency, better known as REMIT. The regulation was introduced to tackle insider trading and market abuse in EU energy markets. It defines and prohibits market and obliges firms to report suspicious transaction. Trade reporting will come in nine months after the European Commission publishes its implementing acts. This could be any time between now and December, meaning energy companies will need place how they will report trades by August or September next year.

The ICIS webinar will provide a breakdown of what companies need to know, to make sure they are complaint with REMIT.

Webinar topics:
- What will need to be reported
- How will firms report trades under REMIT
- Back-loading trades
- Reporting different trade types
- Lessons from reporting under EMIR

About the speakers: Fionn O'Raghallaigh is news editor at ICIS Energy, and covers EU regulation such as REMIT, EMIR and MiFID. Aviv Handler is managing director at consultancy ETR Advisory. Gordon Downie is a partner at law firm Shepherd and Wedderburn.

About ICIS

ICIS is the world's largest petrochemical market information provider, and has fast-growing energy and fertilizer divisions. Our aim is to give companies in global commodities markets a competitive advantage by delivering trusted pricing data, high-value news, analysis and independent consulting, enabling our customers to make better-informed trading and planning decisions. We have over 30 years' experience of providing pricing information, news, analysis and consultancy to buyers, sellers and analysts.

With a global staff of more than 800, ICIS has people based in Houston, Washington, New York, London, Montpellier, Dusseldorf, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Yantai, Tokyo and Perth. ICIS is part of Reed Business Information.

Reed Business Information

At Reed Business Information we provide information and online data services to business professionals worldwide. Customers have access to our high-value industry data, analytics, information and tools. Our strong global brands hold market-leading positions across a wide range of industry sectors including banking, petrochemicals and aviation where we help customers make key strategic decisions every day. RBI is part of Reed Elsevier, a leading global provider of data, information and solutions for professional customers.

For further information about this release, please contact:
Claire Ball
Marketing
[email protected]
+(0)44-207-9111908

SOURCE ICIS