ARERA, the National Regulatory Authority for Italy, has posted this announcement informing of action against a market participant for breaches of REMIT Article 5 (market manipulation). The activity in question relates to the gas balancing market, where physical nominations were made together with transactions on the GME exchange which led to an improper imbalance.
This follows a fine issued on a market participant by the NRA in Hungary announced recently (see here).
Recently ESMA released their annual report on the submission of Suspicious Transaction or Order Reports (STORs) under MAR which can be found here.
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