BETA

3 Amendments of Kay SWINBURNE related to 2010/0363(COD)

Amendment 43 #
Proposal for a regulation
Article 2 – point 1 – subparagraph 2
For the purposes of applying the first subparagraph, information a reasonable market participant would be likely to use as part of the basis of his decision to enter into a transaction relating to a wholesale energy product is information which, if it were made public, would be likely to have a significant effect on the prices of such wholesale energy products. Such information includes information related to updated estimates of energy reserves, the capacity of facilities for production, storage, consumption or transmission of electricity or natural gas, as well as information which is required to be disclosed in accordance with legal or regulatory provisions at Union or national level, market rules, and contracts or customs on the relevant wholesale energy market.
2011/04/18
Committee: ECON
Amendment 46 #
Proposal for a regulation
Article 2 – point 2 – subpoint b a (new)
(ba) withholding of information on innovative means and methods of electricity generation and gas drilling, and their market potential, to ensure the predominance of conventional energy techniques, and the profitability of related wholesale energy markets.
2011/04/18
Committee: ECON
Amendment 61 #
Proposal for a regulation
Article 11 – paragraph 3 a (new)
3a. In close cooperation with competent national regulatory and financial authorities ESMA shall investigate potential loopholes in existing supervision of the energy-related financial markets and products, and take, where appropriate, all necessary measures to prevent market abuse.
2011/04/18
Committee: ECON