Financial Regulation
ESMA Reports on EU Gas Market Stability Since Crisis
The European Securities and Markets Authority (ESMA) has presented its findings on the functioning of the EU's gas and gas derivative markets. The report, from ESMA's Gas Market Task Force, analyses market behaviour and stability following the energy crisis. It examines the effectiveness of temporary measures, such as the Market Correction Mechanism, which were introduced to prevent extreme price volatility. ESMA's findings will help inform future regulatory decisions on energy market oversight and investor protection.
EU watchdog's report on gas markets will shape future rules to prevent energy price spikes.