On 9 July 2025, the European Securities and Markets Authority published the official translations of its guidelines on supervisory practices for competent authorities to prevent and detect market abuse under the Markets in Crypto Assets Regulation. The guidelines apply from three months after this date (9 October 2025).
Market abuse
ACER reports on the detection, reporting and response to suspicious energy market behaviours under REMIT
- Persons professionally arranging transactions (PPATs): The report establishes the baseline for ACER’s reporting obligation under Article 15(5)(a) of Regulation (EU) No 1227/2011 (commonly known
ACER issues updated versions of TRUM and guidance on reporting LNG market data
- Transaction Reporting User Manual (TRUM
REMIT 2: ACER provides guidance on designated representatives and PPATs
On 25 September 2024, the European Union Agency for the Cooperation of Energy Regulators (ACER) published an Open Letter on the designation of representatives by non-EU market participants and on the new obligations of persons professionally arranging or executing transactions (PPAETs) as set out under the revised Regulation (EU) 1227/2011 on…
ESMA report on STORs
On 17 July 2024, the European Securities and Markets Authority (ESMA) published a report on suspicious transaction and order reports (STORs).
Similar to the report published last summer, the report aims at providing the market with a clear overview over the use of STORs in different jurisdictions across the EU and…
Commission report on delegation power under MAR
On 17 June 2024, the European Commission (Commission) issued a report to the European Parliament and the Council regarding the delegation of power to adopt delegated acts pursuant to the Market Abuse Regulation (MAR).
Article 35 of MAR sets out the conditions under which the Commission is empowered to adopt delegated…
EU REMIT Review: Ten key things market participants should know
Following nearly a year of debate, the legislative review of the proposed amendments to Regulation (EU) 1227/2011 on wholesale energy market integrity and transparency (REMIT) is coming to an end. On 29 February 2024, the European Parliament formally adopted in a plenary vote the amendments to REMIT, this was followed by the approval in…
Wholesale energy markets: Council adopts law to protect against market manipulation
On 18 March 2024, the Council of the EU adopted a draft Regulation to protect the wholesale energy market against market manipulation.
The draft Regulation will reinforce market surveillance in the European Union and ensure open and fair competition in the wholesale energy markets. This forms part of the EU’s wider electricity market design and…
ESMA report on STORs
On 17 July 2023, the European Securities and Markets Authority (ESMA) published a report on Suspicious Transactions and Order Reports (STORs).
The report provides an overview of how STORs are used across different Member States in the context of the detection and investigation of market abuse, and how their use has…
ESMA raises concerns over proposed changes to the insider list regime in the Market Abuse Regulation
On 20 March 2023, the European Securities and Markets Authority (ESMA) published a letter, addressed to the European Parliament and Council, raising concerns over proposed changes to the insider list regime in the Market Abuse Regulation.
The proposed changes, put forward by the European Commission (Commission) in December 2022 as…