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Part of the regulation went into immediate effect in all EU member states, with some obligations around registration and transaction reporting only coming into effect once the REMIT Implementing Acts have been passed. The EU agency ACER has been tasked with the supervision and regulation of energy markets in accordance with REMIT.
The basis for the establishment of ACER is Regulation 713/2009 of the European Parliament and the Council of 13 July 2009. The regulation describes the establishment and the legal status, tasks, organisation, and financial provisions. [3] It was reestablished in 2019 by directive (EU) 2019/942 [4]
REMIT, Regulation on Wholesale Energy Market Integrity and Transparency, a European Union regulation for energy markets Topics referred to by the same term This disambiguation page lists articles associated with the title Remit .
European financial market regulations followed suit, with reporting to Trade Repositories under EMIR requiring UTIs from February 2014 on. The use of the UTI is also mandatory for regulatory reporting under REMIT. Strictly speaking, the term USI is specific to the U.S. regulation, while UTI is specific to EU regulations.
If the file has been modified from its original state, some details may not fully reflect the modified file. Short title Commission Directive (EU) 2017/1572 of 15 September 2017 supplementing Directive 2001/83/EC of the European Parliament and of the Council as regards the principles and guidelines of good manufacturing practice for medicinal ...
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Since 2009 the European Union Regulation No 924/2009 [2] [3] controls cross-border payments in the European Union. In the new regulation Article 1 (q.v., Ref.4) states that an IBAN/BIC transfer within Single Euro Payments Area (SEPA) must not cost more than a national transfer, no matter which currency is used. The receiving bank can charge for ...
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