Implementing Acts – based on the Regulation (EU) No 1227/2011 of the European Parliament and of the Council of 25 October 2011 on wholesale energy market integrity and transparency (“REMIT”)
Oct 27, 2014
27th October 2014
The third REMIT Committee took place in Brussels on the 3rd October 2014. According to the internal procedures of the European Commission (EC), the main goal of the REMIT Committee meeting was to reach an agreement, among Member States and with the European Commission, on the wording of the REMIT Implementing Acts. According to the Regulation (EU) No 182/2011 of the European Parliament and of the European Council, of 16 February 2011, laying down rules and general principles concerning mechanisms for control by Member States of Commission's exercise of implementing powers, comitology procedures (as examination procedure) have been used for the adoption of the Implementing Acts. The third REMIT Committee delivered its positive opinion on the draft implementing acts.
The Implementing Acts should supposedly be adopted by the European Commission in December 2014. The text of the Implementing Acts will be consecutively published in the Official Journal of the European Union, whereas 20 days after publication these Implementing Acts shall enter into force.
Pursuant Article 9(2) of REMIT, not later than 3 months after the date on which the Commission adopts the implementing acts set out in Article 8(2), national regulatory authorities shall establish national registers of market participants. Hereby, we announce that the supposed date of the launch of the National Register of Market Participants will be on 8th December 2014 (for more information, please take a tour on the CEREMP website).