Peter Willis

2 months ago | lexology.com | Sander Wagemakers |Peter Willis |Tialda Beetstra

The Dutch regulator ACM recently published its oversight priorities in relation to the Regulation on Wholesale Energy Market Integrity and Transparency (REMIT, as amended by REMIT II) together with a market warning about conduct described as ‘marking the close’. This article discusses the ACM’s announcement of a reprimand against an international company for possible market manipulation as well as ACM’s oversight indicators for 2025.

Dec 16, 2024 | classicboat.co.uk | Peter Willis

Arthur Ransome sailed the Kings-built Selina King for just one season before he had to give her up. Now, after over 50 years away, she is restored and back at home, Peter Willis reports. An evening in late September 2022, dusk. I arrive at Fox’s vast boatyard, on the River Orwell in Suffolk, just in time to meet a boat being carefully reversed between the buildings on a low loader. It’s something of an occasion: my first view of the yacht that I first heard of over 30 years ago.

Oct 24, 2024 | lexology.com | Peter Willis |Kathryn Parker

REMIT II (Regulation 2024/1106), amending REMIT (Regulation 1227/2011) with effect from 7 May 2024, introduces significant new requirements for market participants engaging in algorithmic trading. Its adoption shines a spotlight on an important tool in energy trading. [1] An increasing number of REMIT infringement decisions penalise market manipulation in the form of placing erroneous orders, often known as “fat finger” errors, which can have very significant consequences for markets.

Apr 23, 2024 | lexology.com | Peter Willis |Emily Clark |Tenisha Cramer

Employment considerations are often overlooked during dawn raids or in responding to requests for information from the authorities. Companies may focus solely on responding to the investigation and forget the impact that it can have on employees. However, failing to consider employment issues can result in legal and reputational risks for the company, as well as damage to employee morale and trust.

Apr 23, 2024 | lexology.com | Thomas Jones |Pauline Kuipers |Peter Willis |Maria Karpathakis |Reshmi Rampersad |Tenisha Cramer | +2 more

In this article, members of our international competition team share their insights on competition authorities’ investigations into both anticompetitive conduct and consumer harms. We focus on the investigation trends of the European Commission (EC), the Australian Competition and Consumer Commission (ACCC), the UK Competition and Markets Authority (CMA) and the Chinese State Administration for Market Regulation (SAMR).