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Regulatory Overhead on European Energy Trading Desks
Anyone else finding the sheer volume of new regulatory reporting requirements for energy derivatives in Europe particularly burdensome lately? MiFID II and REMIT were already a lot to manage, but with every new initiative aimed at market transparency and stability, it feels like the compliance teams are growing disproportionately to the trading desks. Curious about how others are scaling their operations to handle this without choking agility. Especially with cross-border power and gas transactions, the jurisdictional nuances seem to compound the complexity.
1 comments · 17 points
It's definitely a growing concern. We've had to dedicate significant resources to automate some of these reporting streams, but the initial investment and ongoing maintenance for the systems are substantial. Are you finding the data aggregation or the actual submission process more challenging?