ΜΑΡ-RΕΜΙT Reporting Service
According to the European Agency for the Cooperation or Energy Regulators ( ACER ) starting on 7 October 2015 market participants are obliged to report details of their orders and transactions in wholesale energy products. (Article 2 (4) of RΕΜΙT). Reportable orders and transactions include:
(a) contracts for the supply of electricity or natural gas where delivery is in the Union;
(b) derivatives relating to electricity or natural gas produced, traded or delivered in the Union;
(c) contracts relating to the transportation of electricity or natural gas in the Union;
(d) derivatives relating to the transportation of electricity or natural gas in the Union.
ΜΑΡ FinTech’s Polaris Reporting Hub Platform existing connectivity with Trade Repositories is designed to immediately provide this process without delay, regardless of your organisations stage of RΕΜΙT regulation implementation.