11.04.2025 – Swiss REMIT: Major Regulatory Changes Coming in 2026
In 2026, Switzerland will introduce a comprehensive legal framework for transparency and oversight in the wholesale energy market. The new Federal Act on Supervision and Transparency in the Wholesale Energy Market (known as Swiss REMIT) aligns closely with the EU’s REMIT regulation but is adapted to national conditions.
This new law establishes mandatory reporting obligations, enhanced monitoring powers for the regulator, and strict rules against market abuse. It applies to both electricity and gas trading in the wholesale market – and includes significant requirements for companies based outside Switzerland.
Below is a concise overview of the most important changes.
Swiss REMIT – Key Highlights
| Key Area | Summary |
|---|---|
| Purpose | Ensures transparency and integrity in the Swiss wholesale electricity and gas markets. |
| Reporting Obligations | Mandatory reporting of transactions, orders, fundamental data, and publication of inside information. |
| Registration Requirement | All market participants must register with ElCom; non-Swiss entities are required to appoint a Swiss legal representative. |
| Prohibitions & Sanctions | Insider trading and market manipulation are explicitly prohibited. Sanctions include financial penalties, trading bans, and imprisonment (up to 5 years). |
| Market Surveillance | ElCom is granted extended powers. Market intermediaries are obligated to report suspicious transactions. |
| Technical Requirements | Participants must submit data in standardized digital formats and implement internal controls, especially for algorithmic trading. |
| Entry into Force | The law is expected to come into force in 2026, with transitional periods for implementation. |
📘 Official source: Fedlex – Swiss REMIT Law (2025) – BATE