By Aviv Handler
The energy and commodity markets have been hit by a tranche of new regulations as a consequence of the global financial crisis of 2007-09, market-abuse cases within the financial markets, and concerns over the integrity of the wholesale energy market. The new regulations have led to a wave of extra work for market participants, and a necessary expansion of compliance departments and processes. Rules such as EMIR, MIFID II, MAR and REMIT, as well as several others, are complex to navigate and understand.
Aimed at those who wish to better understand the regulations, Navigating European Energy and Commodity Markets Regulation will be essential to those involved with the European commodity and energy markets in the following roles and departments:
The energy and commodity markets have been hit by a tranche of new regulations as a consequence of the global financial crisis of 2007-09, market-abuse cases within the financial markets, and concerns over the integrity of the wholesale energy market. The new regulations have led to a wave of extra work for market participants, and a necessary expansion of compliance departments and processes. Rules such as EMIR, MIFID II, MAR and REMIT, as well as several others, are complex to navigate and understand.
Aimed at those who wish to better understand the regulations, Navigating European Energy and Commodity Markets Regulation will be essential to those involved with the European commodity and energy markets in the following roles and departments:
Written by Aviv Handler, a professional with many years of experience in implementing these regulations, Navigating European Energy and Commodity Markets Regulation provides a solid foundation for understanding their impact.
"“NEECMR is a book that has been long overdue for compliance and business professionals working in wholesale energy and commodity markets. It will quickly become essential reading for those new to regulation in these sectors and a reference text for those already familiar with the regulatory environment. I thoroughly recommend this text for the introductory context that it provides but also for the analysis of the tapestry of regulation that energy and commodity markets are now subject to. The linkage of the regulatory framework to systems, controls and processes provides thought-provoking insights that will be of significant benefit to compliance professionals from firms of all sizes.”
Iain McGowan, Managing Director of the Regulatory Compliance Specialists Consultancy and a former Head of Compliance in the energy and commodities sectors
ISBN | 9781782722847 |
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Navision code | MVIV |
Publication date | TBC |
Size | 155mm x 235mm |
Aviv Handler
Aviv Handler is a specialist in the regulation of the commodities, energy and financial markets, and the managing director of ETR Advisory. With over 25 years of derivative, energy and commodities experience, he started his career in the capital markets, moving into energy and commodities in 2001. Aviv began on the IT side of the industry, having obtained a degree in computer science from Imperial College, University of London. His interest in compliance was first aroused when working as a programmer on a regulatory reporting system in 1995, when he started to “read rules”. In addition to compliance, Aviv has specialised in credit risk in energy, commodities and capital markets, as well as trading and risk in general.
SECTION 1: INTRODUCTION
1 "Big Compliance" Hits Energy and Commodities
2 Regulatory Foundations: Financial Instruments, Venues and Trade Reporting
SECTION 2: RULE BY RULE
3 EMIR
4 REMIT: The Energy Anti-abuse Rule
5 The Market Abuse Regulation: How Does it Apply to Energy and Commodities?
6 MiFID II: How Important is it to Energy and Commodity Traders?
7 Other Regulations
SECTION 3: ARCHITECTURE, PROCESS AND SUMMARY
8 Technology Infrastructures Around Regulatory Compliance
9 Organisation, Process and Conclusion
Appendix A: Useful Links
Appendix B: Glossary