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  • Europex: Gas Storage Neutrality Charges Fragment The European Internal Energy Market And Endanger Security Of Supply

    Date 27/02/2024

    After a “gas storage neutrality charge” was introduced at crossborder Interconnection Points (IPs) in Germany in October 2022, the idea is starting to gain momentum in other EU Member States. This is a perilous development and dangerous trend for European natural gas and the Internal Energy Market as a whole: it is already undoing and risks to further undo market integration, endangers security of supply and ultimately leads to higher energy prices for European consumers. Europex urges decisionmakers and regulators to end “neutrality charges” (NCs) as they fragment markets, go against the principle of energy solidarity and raise serious questions as to their compatibility with EU law.

  • Europex: Gas Storage Neutrality Charges Fragment The European Internal Energy Market And Endanger Security Of Supply

    Date 27/02/2024

    After a “gas storage neutrality charge” was introduced at crossborder Interconnection Points (IPs) in Germany in October 2022, the idea is starting to gain momentum in other EU Member States. This is a perilous development and dangerous trend for European natural gas and the Internal Energy Market as a whole: it is already undoing and risks to further undo market integration, endangers security of supply and ultimately leads to higher energy prices for European consumers. Europex urges decisionmakers and regulators to end “neutrality charges” (NCs) as they fragment markets, go against the principle of energy solidarity and raise serious questions as to their compatibility with EU law.

  • UK Financial Conduct Authority To Improve Pace And Transparency Around Enforcement Cases

    Date 27/02/2024

    The Financial Conduct Authority (FCA) has today committed to carrying out enforcement cases more quickly as the organisation seeks to increase the deterrent impact of its enforcement actions.

  • Noelle Al Jaweini Appointed Acting Head Of Derivatives, Saudi Exchange

    Date 27/02/2024

    Noelle Al Jaweini has taken on the role of acting Head of derivatives at the Saudi Exchange.

  • Sit Investment Associates Selects Rimes’ Investment Management Platform Matrix

    Date 27/02/2024

    Rimes is pleased to announce that Sit Investment Associates has selected its Matrix investment management platform as a crucial part of a firm-wide modernization program. With some $15 billion AUM in the U.S., Sit Investment Associates is one of the largest independent, family and minority-owned investment firms.

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