Capital Markets & Financial Regulation News – February 2015- Market Abuse The new European legislation The updated regulatory framework comes along with “European” criminal sanctions “…trading on all platforms and of all financial instruments will now be covered by market abuse legislation…” The initial regime set by the Market Abuse Directive 2003/6/EC (“MAD”), transposed into...Read More
Energy News – 21st Issue-RAE Approves Market Coupling at Italian-Greek Borders ENERGY MARKETS EU: Energy Union Package – Ambitious Legislative Reforms EC: Proposal for Establishment of the European Fund for Strategic Investments EU: General Court Upholds Decision of the European Commission on the Austrian Renewable Energy Scheme Energy Community: Policy Guidelines on the Independence of...Read More
Arbitration News – Jurisdiction of courts or tribunals to uphold validity of arbitration agreements (Article by Dr. A. Tsavdaridis, published in the Arbitration Newsletter of the ILO on February 05, 2015) Although the non-existence or invalidity of arbitration agreements constitute grounds to challenge an arbitral award, it cannot be raised as such if a court...Read More
Physical and Virtual Selective Distribution in the EU Competition Law Selective distribution in the EU Competition Law constitutes a case, in which vertical restraints are imposed in order themanufacturer to promote and sell his products/services in the market. The manufacturer has undoubtedly theleading role setting freely –within the context of the laws regarding competition- his...Read More
Energy News – 20th Issue ENERGY MARKETS Serbia: New Energy Law Adopted in Serbia Greece: Gas Supply Companies are Subject to Competition Law, even when Exercising Public Authority ELECTRICITY Greece: RAE Presents Final Proposal on Revision of Capacity Adequacy Mechanism Greece: PPC Decision on Pricing of Energy Intensive Consumers Greece: Obligations towards Customs Authorities for...Read More
“The Greek Electricity Market in the Midst of Fundamental Reforms” by Mira Todorovic Symeonides and Lazaros Sidiropoulos in ENLR’s current quarterly issue This Report in ENLR (European Networks Law and Regulation Quarterly), Issue 4/2014, looks at electricity market reforms in Greece as a result of the Third Electricity Directive (2009/72/EC) and the Second Economic Adjustment...Read More
The proposal of the new Serbian Insurance Law On 5 December 2014 the proposal of the new Serbian Insurance law has been put in the Parliament procedure by the National Bank of Serbia. The proclaimed aims of the proposal of the Insurance law are to ensure better protection of the users of financial services and...Read More
Energy News – 19th Issue- DEDDIE ’s Unbundling Compliance Programme ENERGY MARKETS EU: Energy Council Adopts Conclusions on the Completion of the Internal Energy Market EU: ACER and CEER Issue Annual Market Monitoring Report for 2013 EU: 22 Member States Are Called to Implement Anti-Vat-Fraud Package EU: Commission Issues REMIT Implementing Acts on Data Reporting...Read More
Energy Community Study on National Renewable Energy Action Plans and on the Progress in the Promotion of Energy from Renewable Sources Rokas, as member of a consortium with the Energy Research Centre of the Netherlands (ECN), the Technical University of Vienna (TU Wien) and Joanneum Research (Austrian Research Institute) has been awarded by the Energy...Read More
Energy News – 18th Issue- DESFA’s Acquisition Energy Markets Energy Community Policy Guidelines and European Commission Recommendation on Application of the Energy Community Acquis between the Contracting Parties and the European UnionUkraine: Energy Market Regulator Obliges the Licensees to Disclose Draft Investment Programs for 2015EU: Commission Publishes Report on Subsidies and Costs of EU Energy...Read More