Activities of Ashley FOX related to 2010/0363(COD)
Shadow opinions (1)
OPINION on the proposal for a regulation of the European Parliament and of the Council on energy market integrity and transparency
Amendments (4)
Amendment 32 #
Proposal for a regulation
Recital 13
Recital 13
(13) Efficient market monitoring is vital to detecting and deterring market abuse on wholesale energy markets. The Agency is best placed to carry out such monitoring as it has both a Union wide view of electricity and gas markets, and the necessary expertise in the operation of electricity and gas markets and systems in the Union. The Agency should closely cooperate with National regulatory authorities which, having an important understanding of developments on energy markets in their Member State should have an important rol, are best placed to provide essential expertise in ensuring efficient market monitoring.
Amendment 41 #
Proposal for a regulation
Article 1 – paragraph 1
Article 1 – paragraph 1
This Regulation establishes rules prohibiting abusive practices on wholesale energy markets coherent with those applying in financial markets. It provides for the monitoring of wholesale energy markets by the Agency, in close collaboration with National regulatory authorities.
Amendment 42 #
Proposal for a regulation
Article 2 – point 2 – subpoint a – indent 2
Article 2 – point 2 – subpoint a – indent 2
– secure or attempt to secure, by a person or by persons acting in collaboration, the price of one or several wholesale energy products at an abnormal or artificial level, unless the person who entered into the transactions or issued the orders to trade establishproves that histhe reasons for doing so are legitimate and that, where appropriate, these transactions or orders to trade conform to accepted market practices on the wholesale energy market concerned without adversely affecting final consumers; or
Amendment 55 #
Proposal for a regulation
Article 9 – paragraph 2
Article 9 – paragraph 2
2. The Agency may decide to makeshould be in a position to make, where appropriate, publicly available parts of the information which it holds provided that commercially sensitive information on individual market participants or individual transactions is not released.