Energy Update - 10 April 2013

Dodd-Frank Reporting and Record keeping Regulations to come into force on 10 April

April 10 is the date that certain regulations made by the US Commodities Futures Trading Commission under the US Dodd-Frank Act come into effect. The new regulations aim to reduce risk within over-the-counter derivatives market. Although the Dodd-Frank Act is focussed at the financial industry, the regulations are likely to affect energy companies. The regulations will have significant effects for energy trading firms, as swap reporting and record keeping requirements become mandatory.

For further information on the regulations, please click here.

Planning granted for the New Hinkley Point nuclear power station