Be REMIT2 ready.

What you need to know about the new legislation and your obligations.

We’re here to help.

REMIT2 puts more responsibility than ever on you to monitor every transaction you make – both trades and orders – for potentially abusive patterns of behaviour. Here’s a brief overview of what is changing; the actions you need to take; and how you can achieve them – using the upgraded eTM2 service from Equias.

REMIT2: what is changing and what actions do you need to take?

REMIT2 contains some sweeping changes to the way that many of us work within the European energy community, with a far greater emphasis on detecting market abuse.

Legal obligations have now changed for Organised Market Participants (OMPs); Market Participants (MPs); and the Regulatory Reporting Mechanisms (RRMs) that you use to monitor your transactions.

To make life easy, here’s a brief summary of the seven key takeaways that you need to know.

Seven must do’s for REMIT2

  1. The responsibility for the delivery of market data now sits with the Organised Market Participant (broker or exchange) not the Market Participant. If you’re an OMP you need to act now.
  2. If you’re active in European markets as a broker (PPEAT: Professional Person Arranging or Executing Transactions) or a buyer/seller (PPET: Professional Person Executing Transactions) you now have an obligation to perform market surveillance under article 15 of REMIT2.
  3. The RRM that you use to monitor and report trades will now very likely need to meet stricter criteria on data quality and transparency, to be determined by ACER.
  4. If your organisation trades in the European energy market but does not have a physical European presence, then you now need to appoint a representative – known as REMITREP.
  5. If you use – or plan to use – algorithmic trading, then you need to be aware of stricter new rules governing these practices.
  6. All Urgent Market Messages (UMMs) now need to be published via ACER on approved Inside Information Platforms (IIPs).
  7. REMIT fee reimbursement: as decreed by ACER, all transaction fees are currently the responsibility of the RRM vendor (eg, Equias) – which then seeks reimbursement from the OMP or MP. This is now under consultation as part of REMIT2. Watch this space.

Want to learn more about these changes and
others covered by REMIT2?

When do you need to act?

REMIT Implementing Regulations published: entry into force 29 April 2026

Compliance deadline: subject to ACER's publication schedule

 1 January 2025

Articles 7a to 7e, referring to the LNG price assessment and benchmark, came into force.  

  29 April 2026

The revised Implementing Regulations enter into force on 29 April, opening ACER's 6-month window to publish technical specifications for the new Continuously Reported Transaction Data and Exposure Reporting obligations. Firms should begin assessing data and system readiness now.  

  Q2/2026 - TRUM & Guidance Drafting and Publication

ACER launched consultations on 16 April 2026, covering TRUM updates, XML schemas, and a new Guideline on REMIT transaction reporting. The deadline for stakeholder responses is 12 June 2026.

  July 2026 

A second round of consultation on the revised TRUM is expected, including reporting of derivatives.

  H2/2026 through 2027

Staged implementation to meet compliance deadlines.  

How can you meet your new obligations?

eTM2 for REMIT2: trade surveillance made simple.

eTM2 is Equias's transaction surveillance solution built specifically for energy markets and designed to meet your REMIT2 monitoring obligations from day one.

With REMIT2 now in force and implementation timelines confirmed, there's no better time to get your surveillance infrastructure in place.

It gives you market-ready data and transaction surveillance from day one

It’s fully audited, with no archiving or manual input of information needed.

Ultimately, you can’t put a price on peace of mind. However, eTM2 from Equias offers incredibly good value.

Still have questions? Check our our full REMIT2 FAQ page here