ICE Endex Mobilises on REMIT 2 Rules
With the recent adoption of REMIT 2 and several dates now confirmed for the entry into force of its respective obligations, regulators and exchanges have begun mobilising.
This week the EU Council and Parliament announced that they had reached a provisional political agreement on REMIT 2 (click here) achieving a key milestone in the trilogue process. The main themes to emerge from this round of revisions include:
The provisional agreement on REMIT 2 must now be formally adopted by both the EU Parliament and Council. RegTrail will provide a more detailed analysis of the final Level 1 text once formally adopted. Much of the important detail however will follow in the form of the delegated acts and implementing regulations which won’t come before the new year.
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