Keywords
MiFID II, EMIR, power market, structure of the power companies, risk, hedging, prop-trading
Abstract
This paper presents the impact of Directive MiFID II on the energy market and the structure of electricity companies. It also discusses the objectives of the new provisions and indicates which instruments of the energy market are to be covered by the scope of its application. The Authors elaborate on the subjective scope of the new Directive, its relation to the EMIR Regulation, and the consequences resulting from MiFID II for electricity companies. The schedule of the Directive’s implementation is outlined and the associated challenges noted created by MiFID II for the European energy industry.
Recommended Citation
Hawranek, P., & Michalski, D. (2015). Analysis of the impact of MiFID II on the electricity market in Europe. internetowy Kwartalnik Antymonopolowy i Regulacyjny (internet Quarterly on Antitrust and Regulation), 4(3), 79-92. Retrieved from https://press.wz.uw.edu.pl/ikar/vol4/iss3/6
First Page
79
Last Page
92
Page Count
13
Publisher
University of Warsaw
