Legal Alert
Regulatory Overview of March 2024
- Category: Legal Alert
|
Regulatory event
|
Related article |
1 |
Guidelines on position calculation under EMIR Refit, ESMA12-2121844265-3254 |
|
2 | Goodbody Stockbrokers Unlimited Company fined €1,225,000 by the Central Bank of Ireland for a breach of its obligations under Article 16(2) of MAR. |
Persons professionally arranging and executing transactions - PPAET (MAR definitions) |
3 |
European Parliament legislative resolution of 29 February 2024 on the proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) No 1227/2011 and (EU) 2019/942 to improve the Union’s protection against market manipulation in the wholesale energy market (COM(2023)0147 – C9-0050/2023 – 2023/0076(COD)) |
|
4 | Commission Delegated Regulation (EU) 2024/818 of 28 November 2023 amending the regulatory technical standards laid down in Delegated Regulation (EU) No 153/2013 as regards the extension of temporary emergency measures on CCP collateral requirements was published in the EU Official Journal | |
5 |
Commission Implementing Regulation of 7.3.2024 amending Implementing Regulation (EU) 2022/996 as regards the date of application of Article 11(1) of that Regulation, C(2024) 1389 final
Commission Implementing Regulation (EU) 2024/805 of 7 March 2024 amending Implementing Regulation (EU) 2022/996 as regards the date of application of Article 11(1) of that Regulation published in the EU Official Journal |
Renewable fuels of non-biological origin (RFNBO)
Land use, land-use change and forestry (LULUCF)
Directive on the promotion of the use of energy from renewable sources (RED) |
6 | The TRUM update - the amendments mainly focus on providing guidance on the reporting of transactions related to liquified natural gas (LNG) | |
7 | The 16th edition of the Frequently Asked Questions (FAQs) on REMIT transaction reporting | Frequently Asked Questions (FAQs) on REMIT transaction reporting |
8 |
Annex IV (Guidance on the Unique Transaction ID (UTI) – Version 2.2) to the TRUM updated |
UTI - Trade ID for EMIR derivatives reporting purposes |
9 |
European Parliament legislative resolution of 12 March 2024 on the proposal for a directive of the European Parliament and of the Council on the energy performance of buildings (recast) (COM(2021)0802 – C9-0469/2021 – 2021/0426(COD) |
|
10 | Regional Coordination Centres' (RCC) reporting obligations in 2022, ACER monitoring report | Regional Coordination Centre (RCC) |
11 | ACER Decision No 02/2024 of 8 March 2024 on the amendment of the methodology for identifying regional electricity crisis scenarios | |
12 | Commission Delegated Regulation of 14.3.2024 on the first phase of the establishment of a common Union rating scheme for data centres, C(2024) 1639 final | Energy Efficiency Directive (EED) |
13 | Commission Delegated Regulation of 14.3.2024 amending Annex IX to Directive (EU) 2018/2001 of the European Parliament and of the Council as regards adding feedstock for the production of biofuels and biogas, C(2024) 1585 final |
Directive on the promotion of the use of energy from renewable sources (RED) |
14 |
Commission Delegated Regulation of 11.3.2024 supplementing Regulation (EU) 2019/943 of the European Parliament and of the Council by establishing a network code on sector-specific rules for cybersecurity aspects of cross-border electricity flows, C(2024) 1383 final |
|
15 |
ACER amends the methodology for electricity intraday flow-based capacity calculation in the Core region ACER Decision No 03/2024 of 14 March 2024 on the second and third amendment of the intraday capacity calculation methodology of the Core capacity calculation region (ACER Decision on Core ID CCM) Annex III, Intraday capacity calculation methodology of the Core capacity calculation region in accordance with Article 20ff of the Commission Regulation (EU) 2015/1222 of 24 July 2015 establishing a guideline on capacity allocation and congestion management, Consolidated version of 14 March 2024 |
|
16 |
ACER updates REMIT guidance to improve reporting of LNG supply contracts and Power Purchase Agreements |
|
17 |
Commission Delegated Regulation (EU) amending Delegated Regulation (EU) 2023/1184 as regards aligning a technical term with Directive (EU) 2018/2001 of the European Parliament and of the Council adopted by the European Commission, C(2024) 1621 final |
Renewable fuels of non-biological origin (RFNBO) |
18 |
The European Parliament adopted an objection to the Commission Delegated Regulation (EU) of 28.11.2023 amending Regulation (EU) No 2022/869 of the European Parliament and of the Council as regards the Union list of projects of common interest and projects of mutual interest (C(2023) 7930 final) |
Regulation on Trans-European Energy Networks (TEN-E Regulation) |
19 | Council adopts final text of REMIT II | |
20 |
ACER introduces the new ‘Central Europe’ electricity capacity calculation region ACER Decision No 04/2024 of 19 March 2024 on the amendment to the determination of capacity calculation regions: |
Capacity Calculations Regions (CCRs) - the key architecture of the EU Internal Electricity Market |
21 |
Consultation Paper on European Green Bond Regulation, ESMA84-2037069784-2116 |
EU Green Bond Standard (EU GBS) |
22 |
ESMA Final Report, Draft technical Standards specifying certain requirements of the Markets in Crypto Assets Regulation (MiCA) – first package, ESMA18-72330276-1634
ESMA Consultation Paper, Draft technical standards and guidelines specifying certain requirements of the Markets in Crypto Assets Regulation (MiCA) on detection and prevention of market abuse, investor protection and operational resilience – third consultation paper, ESMA75-453128700-1002 |
|
23 | ACER consults on amendments to the pricing methodology and the automatic frequency restoration reserve implementation framework, PC_2024_E_02 | |
24 | 2023 Corporate Reporting Enforcement and Regulatory Activities Report, ESMA32-193237008-8269 | |
25 |
Regulation (EU) 2024/791 of the European Parliament and of the Council of 28 February 2024 amending Regulation (EU) No 600/2014 as regards enhancing data transparency, removing obstacles to the emergence of consolidated tapes, optimising the trading obligations and prohibiting receiving payment for order flow and Directive (EU) 2024/790 of the European Parliament and of the Council of 28 February 2024 amending Directive 2014/65/EU on markets in financial instruments |
MiFID II/MiFIR application to the carbon market Consolidated Tape Provider (CTP)
MiFID II trading obligation for derivatives (DTO)
|
26 | Commission Communication, Approval of the content of a draft Commission Notice on the interpretation and implementation of the transitional provision laid down in Regulation (EU) 2024/791 of the European Parliament and of the Council of 28 February 2024 amending Regulation (EU) No 600/2014 as regards enhancing data transparency, removing obstacles to the emergence of consolidated tapes, optimising the trading obligations and prohibiting receiving payment for order flow, C(2024) 2083 final
ESMA Public Statement, Transition for the application of the MiFID II/MiFIR review, ESMA74-2134169708-7163
|
MiFID II transaction reporting
Double volume cap (DVC) transparency regime under MiFID II
|