Trade Associations Submit Briefing on EU’s REMIT Article 9

On September 20, ISDA and six other trade associations sent a joint briefing to EU legislators on Article 9 of the Regulation of Wholesale Energy Market Integrity and Transparency (REMIT) review, which covers the supervision of third-country firms. The associations caution against establishing market access barriers for third-country firms, while endorsing the approach taken in the Council of the EU’s general approach. The Council and the European Parliament are currently negotiating the REMIT Review.

Documents (1) for Trade Associations Submit Briefing on EU’s REMIT Article 9

Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...