REMIT

Module: REMIT - Introduction

Module: Insider trading & Publication of inside information

Module: Market manipulation

Module: ACER, NRAs & Guidance

Module: Implementing Acts – Reporting & Registration

Module: Compliance – Investigation & Enforcement

Reader: REMIT – Integrity Energy Markets

Exam: REMIT – Integrity Energy Markets

Register for open enrollment

Objectives

The learning objectives for this programme are:

  • Mastering the background of why regulation for the European energy markets is implemented;
  • Mastering REMIT, the regulation, its objectives and its implications for (staff of) energy companies;
  • To embed integer behavior, to test integrity and to become compliant with REMIT provisions;
  • Formulate criteria which have to be taken into account in order to identify inside information and/or market manipulation;
  • Being able to apply these criteria in the decision making process;
  • Being able to distinguish insider trading from market manipulation;
  • Mastering the meaning of insider information and how to deal with this;
  • Mastering the meaning of market manipulation and how to sense this in different markets;
  • Being able to distinguish right from wrong, but also being able to cope with dilemma’s in decision making processes;
  • To weigh alternatives and judge what is the most optimal decision in practical cases.

Course contents

  • Module: REMIT - Introduction
    •  Definition settings
    •  What does REMIT aim for? Why was it considered needed?
    •  Which market and products are in the scope of REMIT?
    •  Which market participants are in the scope of REMIT? 
  • Module: Insider trading & Publication of inside information
    • The prohibition of insider trading - What does it concern?
    • Obligation to publish - What to published? When? Where? Who?
    • Practical examples to explain daily situations
  • Module: Market manipulation
    • The prohibition of market manipulation - What does it concern?
    • Practical examples of market manipulation - Types of abuse
    • Conclusion of transactions, order initiation and order types
  • Module: ACER, NRAs & Guidance
    • The role of regulators & the interaction between them
    • ACER's Guidance - The content, the aim and the target group
    • Cross-market, cross-border and cross-commodity manipulation
    • Market monitoring
  • Module: Implementing Acts – Reporting & Registration
    • Reporting of transaction data & orders to trade
    • What data must be reported? Of which products?
    • When should reporting take place? And is backloading?
    • Reporting of fundamental data - Which data?
    • Registration of market participants - Who and who not? When?
  • Module: Compliance – Investigation & Enforcement
    • Sanctioning regime - Administrative penalty vs. Criminal sanction
    • At company level - Compliance function & Internal procedures
    • Incident management - Reporting & action
  • Reader
  • Exam
    This is the exam for the REMIT - Integrity Markets programme. After passing the exam, you will be able to receive your certificate here as well.
Price online €399.00 excl. VAT
Price in-class €690.00 excl. VAT
Calendar in-class Amsterdam
13 Oct 2017

Amsterdam
25 Jan 2018

Amsterdam
12 Jun 2018

Amsterdam
13 Oct 2018
Duration in-class 1 day
Level Basic
Language English

Course elements

eLearning

6 video modules (a combined total of ~170 minutes of video content).

Extensive Reader

A reader providing significant background and depth.

Tests & Final Exam

Several test questions per module and a final exam covering the whole course.

Certification

When the final exam has been passed you will receive the digital certificate and can be registered with the Charter.