Persons professionally arranging transactions in wholesale energy products, are according to Article 15 of REMIT oblidged to:
- establish and maintain effective arrangements and procedures to identify breaches of Articles 3 or 5 of REMIT (market surveillance),
and
- notify national regulatory authorities where the person professionally arranging transactions reasonably suspects that a transaction might breach Articles 3 or 5 of REMIT (suspicious transaction reports).
The Agency currently considers that the notion of persons professionally arranging transactions include at least trading venues like energy exchanges and brokers.
For further guidance, please consult the ACER
Guidance on the application of REMIT.
