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What is a record keeping obligation? Why do regulators need to access this data?

April 26, 2017Data keeping obligation record regulators

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What is a record keeping obligation? Why do regulators need to access this data?

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At the moment, regulators do not have guarantees that would allow them to check allegations of market abuse. If they would have this possibility, then market participants can be sure that market abuse will be punished. This will enhance trust in the market, thereby encouraging energy companies to engage in trading activities and to improve the efficiency of the market.