GET Baltic UMM Platform successfully completed ACER‘s reassessment procedure
We would like to inform market participants, that following a new ACER registration and acknowledgment process GET Baltic’s UMM Platform has successfully completed the Inside Information Platforms (IIP) assessment procedure and officially has been registered and listed as an IIP on the REMIT portal.
In 2020, the Agency for the Cooperation of Energy Regulators (ACER) commenced the process of registering and reassessing Inside Information Platforms (IIPs) operating in European Union based on their compliance with the minimum quality requirements for effective disclosure of inside information. ACER’s assessment led to the conclusion that GET Baltic UMM Platform complies with the requirements for the application of the obligation to disclose inside information, as described in the ACER Guidance, with the ACER Manual of Procedures on data reporting as well as with the Regulation (EU) 1227/2011 on the integrity and transparency of the wholesale energy market (REMIT) Guidance on IIPs.
Market participants that are registered with GET Baltic UMM Platform fulfills their obligation and contributes to their part on market integrity and transparency.
Market participants still publishing their inside information on own websites from 1 January 2021 must start reporting their inside information according to REMIT to ACER via IIP. GET Baltic invites market participants to fulfill REMIT reporting obligation and make their inside information public on a specialized regional inside information platform – GET Baltic UMM platform.
Subscribe to REMIT-compliant information disclosure service and start reporting obligation effectively and securely:
- Request for UMM Service Agreement
- GET Baltic shall prepare the agreement for signing
- Sign the agreement
- Receive login credentials to access the UMM platform
- Start compliant reporting of inside information!
GET Baltic specialists are ready to answer any questions that you may have.
Questions? Please contact:
Head of Trading and Product Development
Tel. +370 636 64354