Traditionally only offered as an on-demand online course, this time it is also coming to you live! In a full-day live-stream on Wednesday 18 June, Nord Pool’s Market Surveillance experts will provide the latest updates on REMIT II and other current power market regulations, along with practical guidance on how to remain compliant.

In this new format, the online course is live-streamed, allowing participants to ask questions and receive immediate answers from our experts.

The course will also dive into the complexities of insider trading and market manipulation, including an examination of relevant case law. The Nord Pool compliance course will suit anyone wanting to better understand the regulatory landscape of the European physical power market.

1. Introduction to power market regulation

This part dives into the two main regulations governing the European power market: the regulation of wholesale Energy Market Integrity and Transparency (REMIT) and the transparency regulation. We share detailed and practical knowledge on REMIT, Europe's first set of common rules for wholesale energy markets; and look at changes coming with REMIT II. We further explain the different types of mandatory data to be reported and published by market participants to comply with the transparency regulation.

2. Inside information and insider trading

Details the prohibition of insider trading and the obligation to publish inside information. We get you familiar with the Nord Pool REMIT UMM platform for disseminating Urgent Market Messages (UMM), and how it facilitates regulatory compliance.

3. Market manipulation

REMIT prohibits market manipulation – we explain what is and what is not allowed in the market. We will go into specific market manipulation types prohibited and present case law.

4. REMIT for algorithmic trading

People using algorithmic trading solutions face new regulations with REMIT II. We outline key requirements for algorithmic traders and present how to be compliant.

5. REMIT for balancing markets

This part looks at balancing markets and how to be compliant with REMIT in markets like the mFRR, aFRR and FCR.

6. Market Surveillance at Nord Pool

We present the market monitoring structure under REMIT, which splits the responsibility to monitor between the trading venue, the NRAs and ACER. Furthermore, we look at how Nord Pool Market Surveillance operates and monitors for breaches of REMIT.

The fee includes:

• Copies of all presentations you will see online
• Full access to the extensive online material and test questions*
• Nord Pool Certified Compliance Course Digital Diploma. We expect all participants to pass the test within a month of the live session. We will therefore issue the diploma a month after the live session.

Participant fee is EUR 1000 (Nord Pool members and stakeholders get a 25 % discount).

* Online e-learning: The online material is split into six parts and includes many easy-to-understand recorded presentations summarizing the written text, with case studies and test questions. Take the tests as many as ten times if you like - you will find answers to all the questions in the written material and recorded presentations.