Activities of Rafał TRZASKOWSKI related to 2010/0363(COD)
Plenary speeches (1)
Energy market integrity and transparency (debate)
Amendments (5)
Amendment 28 #
Proposal for a regulation
Recital 4
Recital 4
(4) Wholesale energy markets encompass both commodity markets and derivative markets, with price formation in both sectors interlinked. They include inter alia both regulated and non-regulated markets and over the counter (OTC) transactions.
Amendment 52 #
Proposal for a regulation
Article 6 – paragraph 3 – subparagraph 2
Article 6 – paragraph 3 – subparagraph 2
The Agency may make recommendations as to the records of transactions, including orders to trade and transactions of bilateral trading, which it considers are necessary to effectively and efficiently monitor wholesale energy markets. Before making such recommendations the Agency shall consult with interested parties in accordance with the provisions of Article 10 of the Regulation (EC) No 713/2009. In particular the Agency shall consult with ESMA, national regulatory authorities and competent financial authorities in the Member States.
Amendment 104 #
Proposal for a regulation
Recital 15
Recital 15
(15) In order to ensure the necessary flexibility in collecting information on transactions in wholesale energy products, the Commission should be empowered to adopt upon due consultation with market participants, interested parties and authorities including the Agency delegated acts in accordance with Article 290 of the Treaty setting out the timing, form and content of the information which market participant are required to provide. Reporting obligations should not create unnecessary costs for market participantor administrative burdens for market participants and should therefore undergo an ex ante cost benefit analysis. Persons reporting transactions to a competent authority in accordance with the provisions of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments16 , and to trade repositories and competent authorities in accordance with the provisions of Regulation ../.. of the European Parliament and the Council on OTC derivatives, central counterparties and trade repositories should therefore not be subject to additional reporting obligations under this Regulation. The Commission, when preparing and drawing up delegated acts, should ensure a simultaneous, timely and appropriate transmission of relevant documents to the European Parliament and the Council and carry out appropriate and transparent consultations well in advance, including at expert level.
Amendment 338 #
Proposal for a regulation
Article 15 – paragraph 1 a (new)
Article 15 – paragraph 1 a (new)
1a. When preparing and drawing up delegated acts, the Commission shall ensure a simultaneous, timely and appropriate transmission of relevant documents to the European Parliament and the Council. The Commission shall also carry out appropriate and transparent consultations, including at expert level, well in advance as foreseen in the Common Understanding on Practical Arrangements for the use of Delegated Acts.
Amendment 350 #
Proposal for a regulation
Article 17 – paragraph 3 a (new)
Article 17 – paragraph 3 a (new)
3a. In case of objection by the European Parliament or the Council, the Commission shall, when preparing and drawing up new delegated acts, inform the European Parliament and the Council how the objection was taken into consideration.