Johannes Kindler Vice-Chairman Bundesnetzagentur Vice-President of CEER 3rd FTS – CEER meeting St-Petersburg, 17 May 2011 New Regulation of Energy Trading in Europe
2 3rd FTS-CEER meeting, 17 May 2011 Energy Trading Trading Transport Generation Single European Market
3 3rd FTS-CEER meeting, 17 May 2011 Current situation Energy Trading MiFID EMIR MAD
4 3rd FTS-CEER meeting, 17 May 2011 Current situation Energy Trading MiFID National Authorities ESMA ACER EMIR MAD Energy Trading MiFID EMIR MAD
5 3rd FTS-CEER meeting, 17 May 2011 Solution R R egulation on E E nergy M M arket I I ntegrity and T T ransparency
6 3rd FTS-CEER meeting, 17 May 2011 Transparency REMIT Transaction Reporting Market Abuse Insider Dealing
7 3rd FTS-CEER meeting, 17 May 2011 New regulation MiFID EMIR MAD REMIT Energy Trading
8 3rd FTS-CEER meeting, 17 May 2011 There is a risk! MiFID EMIR MAD REMIT Energy Trading Split between Spot Derivatives
9 3rd FTS-CEER meeting, 17 May 2011 REMIT: Licensing
10 3rd FTS-CEER meeting, 17 May 2011 REMIT: Licensing
11 3rd FTS-CEER meeting, 17 May 2011 REMIT: Licensing
12 3rd FTS-CEER meeting, 17 May 2011 Key aspects of CEER advice One single trading license: permits European-wide trading activities covers electricity and gas necessary for wholesale trading (not supply) considered by the home country of the trading companies headquarters fees are cost-based Public consultation until 17th June. CEER workshop on 31st May in Brussels.
13 3rd FTS-CEER meeting, 17 May 2011 Спасибо за внимание (Thank you for your attention!)