Regulation (EU) No 1227/2011 of the European Parliament and of the Council on Wholesale Energy Market Integrity and Transparency (REMIT) entered into force on December 28, 2011. The Regulation is the first attempt to regulate EU trading in energy products which is not purely financial. REMIT introduces two fundamental prohibitions on insider trading and market manipulation, and a series of disclosure and other obligations on companies active in the wholesale markets for electricity and gas in the EEA. This book aims to offer a detailed yet clear guide for practitioners and in-house counsel faced with these issues, drawing on the available texts and experience so far. It provides commentary on the Regulation, article by article, and places it in the legal, economic, and political context. overview of the rules governing the trading on wholesale market manipulation.
Author Biography
John Ratliff is Partner, Wilmerhale, BrusselsRoberto Grasso is Director Legal EMEA and Russia at Columbia Sportswear Company
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