What qualifies as inside information under REMIT?
Under REMIT, inside information is defined as information that is:
- •precise in nature
- •not publicly available
- •related (directly or indirectly) to wholesale energy products
- •likely to significantly impact prices if disclosed
Typical examples include outages, maintenance events, or disruptions affecting electricity or gas infrastructure.
Timely and accurate disclosure ensures a level playing field for all market participants and strengthens market transparency.
What has changed?
The latest update focuses primarily on Annex VII of the MoP, introducing several important improvements:
- •clearer terminology and reporting requirements
- •updated rules for Urgent Market Messages (UMMs)
- •guidance on reporting overlapping unavailability events
- •revised definition of affected asset identification (EIC codes)
- •strengthened data quality expectations
ACER also confirmed that EIC codes for affected assets are now mandatory, improving standardisation and traceability.
Updated FAQs (Version 9.0, March 2026) provide additional clarity and align with the revised REMIT regulation.
Implementation timeline
Market participants have 9 months to implement the changes.
This transition period allows companies to update systems, processes, and reporting workflows.
What this means for market participants?
The update highlights ACER’s focus on:
- •standardised reporting practices
- •higher data quality and consistency
- •greater market transparency
Companies should review their reporting setup, including:
- •UMM publication workflows
- •asset identification (EIC codes)
- •handling of overlapping events
How RemitCloud can help?
RemitCloud supports market participants with:
- •automated UMM reporting
- •compliance-ready workflows
- •seamless system integration
- •continuous regulatory updates
Stay compliant, reduce operational risk, and ensure high-quality reporting — even as regulations evolve.