Research European Commodity Market Regulations - Part 1 | Page 17

European Energy Market Regulations V3.1

Non Standard Trades
For trades that are considered “complex”, it is only necessary to send a subset of 23 data elements.
In addition, there is a requirement to send a PDF scan of the contract to ACER. Details about how
this will work, and also about which trades are defined as non-standard are not yet known. The draft
implementing act that was circulated in November requires that the reporting of non-standard
trades only starts a year after implementation.

Data Destinations
Ultimately, EMIR data must reach a Trade Repository, and REMIT data must reach an RRM. However,
there are several different combinations and services available:
1) TR Only – Some EMIR TRs will only accept EMIR data. If choosing one of these, it will also be
necessary to send data to an RRM separately
2) RRM Only – Similarly some RRMs will only accept REMIT data
3) TRs that are also RRMs – some TRs have committed to becoming RRMs
4) RRMs that forward to TRs – some prospective RRMs will