Research European Commodity Market Regulations - Part 1 | Page 5

European Energy Market Regulations V3.1 Big Compliance comes to Energy Trading The energy and broader commodity-trading world is in the process of its latest stage in its maturity: That of “Big Compliance”. The rules that most energy traders will have to implement not only require a great deal of IT work, but also some process re-engineering and an acceptance of the fact that compliance will occupy a significantly larger component of overall activities and budgets on an on-going basis. One can argue as to whether this is appropriate for an industry that many feel is “non-systemic”, but as things stand most of these changes will happen with the result that industry business processes, practices, the IT landscape and possibly even the players, will change. Advertisement © Commodity Technology Advisory LLC and ETR Advisory Ltd, 2013, All Rights Reserved. v3.1 November 13th, 2013 5