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Real Assets

Acer: The Dispute Settlement And Sanctions Committee Of French Energy Regulatory Commission Fines Vitol S.a. € 5 Million For Engaging In Market Manipulation

by posted 1year ago 328 views
In its decision, dated 5 October 2018, the Dispute Settlement and Sanctions Committee (CoRDiS) of the French Energy Regulatory Commission (CRE) held that the energy and commodities company VITOL S.A. had engaged in market manipulations on the French Southern virtual Gas Trading Point between 1 June 2013 and 31 March 2014, in breach of the EU Regulation on wholesale energy market integrity and transparency (REMIT).

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