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Energy Market Participant Compliance Checklist

Ensure seamless energy trading and avoid costly penalties. Our Energy Market Participant Compliance Checklist simplifies regulatory adherence, minimizing risk and maximizing operational efficiency. Download now!

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Registration and Licensing

1 of 10

Verification of market participant registration and licensing requirements with relevant regulatory bodies.

Market Participant Type

Registration Number

Date of Registration

Jurisdiction of Registration

Contact Person Name

Contact Person Email

Financial Resources and Creditworthiness

2 of 10

Assessment of financial stability and creditworthiness to meet obligations and ensure market integrity.

Net Working Capital (USD)

Credit Limit (USD)

Debt-to-Equity Ratio

Last Credit Rating Review Date

Credit Rating Agency

Current Credit Rating

Latest Audited Financial Statements

Trading Conduct and Market Manipulation

3 of 10

Compliance with rules against market manipulation, insider trading, and other unfair trading practices.

Was there suspicious trading activity observed?

Describe any observed unusual trading patterns.

Estimated volume of potentially manipulated trade (in relevant units).

Were orders placed with the intent to create a false impression of market activity?

Date of suspected manipulative activity.

Time of suspected manipulative activity.

Which manipulative techniques are suspected (select all that apply)?

Upload supporting documentation (screenshots, trade records, etc.).

Reporting Obligations

4 of 10

Timely and accurate submission of required data and reports to market operators and regulatory authorities.

Reporting Period Start Date

Reporting Period End Date

Total Volume Traded (MWh)

Total Revenue Generated

Number of Transactions

Reporting Status

Supporting Documentation (e.g., Trade Confirmations)

Cybersecurity and Data Protection

5 of 10

Measures to protect market systems and data from cyber threats and ensure compliance with data privacy regulations.

Firewall Rule Update Frequency

Latest Antivirus Definition Version

Data Encryption Methods Applied

Last Penetration Test Date

Summary of Recent Security Incident Response (if any)

Backup Logs (last 14 days)

Record Keeping and Audit Trails

6 of 10

Maintaining detailed records of transactions and activities to facilitate audits and investigations.

Record Creation Date

Description of Transaction/Activity

Transaction Volume/Quantity

Transaction Value/Price

Transaction Type

Supporting Documentation (e.g., Invoices, Contracts)

Time of Transaction

Notes/Comments (Audit Trail Specific)

Anti-Money Laundering (AML) & Counter-Terrorist Financing (CTF)

7 of 10

Adherence to AML/CTF regulations and due diligence procedures for customers and transactions.

Customer Risk Level Assessment

Transaction Amount (USD)

Transaction Date

Source of Funds Description

Politically Exposed Person (PEP) Status

Enhanced Due Diligence (EDD) Required?

Supporting Documentation (e.g., ID, bank statements)

Contractual Compliance

8 of 10

Review of contracts to ensure they adhere to market rules and regulatory requirements.

Contract Type

Contract Start Date

Contract Expiration Date

Contract Volume (e.g., MWh, mmbtu)

Pricing Mechanism (e.g., Fixed, Indexed)

Key Contract Clauses Review Notes

Force Majeure Assessment

Supporting Contract Documentation

Employee Training & Awareness

9 of 10

Ensuring employees receive adequate training on market rules and compliance obligations.

Last Training Completion Date

Training Module Covered

Score on Post-Training Assessment

Topics Requiring Additional Focus

Employee Signature (Acknowledgement)

Regulatory Updates & Changes

10 of 10

Ongoing monitoring and adaptation to new or amended market regulations and guidelines.

Date of Regulatory Update

Description of Regulatory Change

Affected Area of Compliance

Effective Date (YYYYMMDD)

Impact Assessment Summary

Regulatory Body Source

Regulatory Document (e.g., Notice, Order)

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