Fsr Energy & Climate

Interested in this topic? Check out our specialised training on REMIT, designed to provide a critical understanding of how REMIT is currently being implemented and enforced, and equip participants with the necessary tools to anticipate practical issues and ensure compliance. http://bit.ly/2SbvuHt In this podcast, Sohra Askaryar from Baker Botts (Brussels) addresses the recent case before the European Court of Justice, C-15/16 Bundesanstalt für Finanzdienstleistungsaufsicht V Ewald Baumeister, which clarifies the definition of confidential information in the context of the Markets in Financial Instruments Directive (MiFID) first introduced in 2004 followed by MiFID II and the regulation MiFIR in 2014, effective from January 2018. The case sets out the criteria which national financial regulators must consider to determine if the information they hold on entities under their supervision may be disclosed to third parties. National financial regulators have extensive powers to request information from companies