Commission Regulation (EU) No 1031/2010 of 12 November 2010 on the timing, admini... (32010R1031)
Commission Regulation (EU) No 1031/2010 of 12 November 2010 on the timing, administration and other aspects of auctioning of greenhouse gas emission allowances pursuant to Directive 2003/87/EC of the European Parliament and of the Council establishing a scheme for greenhouse gas emission allowances trading within the Community Text with EEA relevance
- COMMISSION REGULATION (EU) No 1031/2010
- of 12 November 2010
- on the timing, administration and other aspects of auctioning of greenhouse gas emission allowances pursuant to Directive 2003/87/EC of the European Parliament and of the Council establishing a scheme for greenhouse gas emission allowances trading within the Community
- (Text with EEA relevance)
- CHAPTER I
- GENERAL PROVISIONS
- Article 1
- Subject matter
- Article 2
- Scope
- Article 3
- Definitions
- CHAPTER II
- THE DESIGN OF THE AUCTIONS
- Article 4
- Auctioned products
- Article 5
- Auction format
- Article 6
- Submission and withdrawal of bids
- Article 7
- Auction clearing price and resolution of tied bids
- CHAPTER III
- AUCTION CALENDAR
- Article 8
- Timing and frequency
- Article 9
- Circumstances preventing the conduct of auctions
- Article 10
- Annual volumes of the auctioned allowances covered by Chapter III of Directive 2003/87/EC
- Article 11
- Calendar for individual auctions of allowances covered by Chapter III of Directive 2003/87/EC auctioned by auction platforms appointed pursuant to Article 26(1) or (2) of this Regulation
- Article 12
- Annual volumes of auctioned allowances covered by Chapter II of Directive 2003/87/EC
- Article 13
- Calendar for individual auctions of allowances covered by Chapter II of Directive 2003/87/EC auctioned by auction platforms appointed pursuant to Article 26(1) or (2) of this Regulation
- Article 14
- Adjustments of the auction calendar
- CHAPTER IV
- ACCESS TO THE AUCTIONS
- Article 15
- Persons who may submit bids directly in an auction
- Article 16
- Means of access
- Article 17
- Training and helpline
- Article 18
- Persons eligible to apply for admission to bid
- Article 19
- Requirements for admission to bid
- Article 20
- Submission and processing of applications for admission to bid
- Article 21
- Refusal, revocation or suspension of admission
- CHAPTER V
- APPOINTMENT OF THE AUCTIONEER AND ITS FUNCTIONS
- Article 22
- Appointment of the auctioneer
- Article 23
- The auctioneer’s functions
- CHAPTER VI
- APPOINTMENT OF THE AUCTION MONITOR AND ITS FUNCTIONS
- Article 24
- The auction monitor
- Article 25
- The auction monitor’s functions
- CHAPTER VII
- APPOINTMENT OF AN AUCTION PLATFORM BY MEMBER STATES PARTICIPATING IN A JOINT ACTION WITH THE COMMISSION AND ITS FUNCTIONS
- Article 26
- Appointment of an auction platform through joint action of the Member States with the Commission
- Article 27
- Functions of the auction platform appointed pursuant to Article 26(1)
- Article 28
- Functions of the auction platform appointed pursuant to Article 26(2)
- Article 29
- Services provided to the Commission by the auction platforms appointed pursuant to Article 26(1) or (2)
- CHAPTER VIII
- APPOINTMENT OF AUCTION PLATFORMS BY MEMBER STATES OPTING TO HAVE THEIR OWN AUCTION PLATFORM AND THEIR FUNCTIONS
- Article 30
- Appointment of any auction platform other than an auction platform appointed pursuant to Article 26(1) or (2)
- Article 31
- Functions of auction platforms other than the auction platforms appointed pursuant to Article 26(1) or (2)
- Article 32
- Auction calendar for any auction platform other than the auction platforms appointed pursuant to Article 26(1) or (2)
- Article 33
- Review of this Regulation
- CHAPTER IX
- APPOINTMENT REQUIREMENTS APPLICABLE TO THE AUCTIONEER AUCTION MONITOR AND ANY AUCTION PLATFORM
- Article 34
- Appointment requirements applicable to the auctioneer and the auction monitor
- Article 35
- Appointment requirements applicable to any auction platform
- CHAPTER X
- MARKET ABUSE REGIME APPLICABLE TO AUCTIONED PRODUCTS
- Article 36
- Market abuse regime applicable to financial instruments within the meaning of Article 1(3) of Directive 2003/6/EC
- Article 37
- Definitions for market abuse regime applicable to auctioned products other than financial instruments within the meaning of Article 1(3) of Directive 2003/6/EC
- Article 38
- Prohibition of insider dealing
- Article 39
- Other prohibited uses of inside information
- Article 40
- Other persons covered by the prohibition of inside dealing
- Article 41
- Prohibition of market manipulation
- Article 42
- Specific requirements to mitigate the risk of market abuse
- Article 43
- Supervision and enforcement
- CHAPTER XI
- PAYMENT AND TRANSFER OF THE AUCTION PROCEEDS
- Article 44
- Payment by successful bidders and transfer of proceeds to the Member States
- Article 45
- Consequences of late or non-payment
- CHAPTER XII
- DELIVERY OF THE AUCTIONED ALLOWANCES
- Article 46
- Transfer of the auctioned allowances
- Article 47
- Delivering the auctioned allowances
- Article 48
- Late delivery of the auctioned allowances
- CHAPTER XIII
- MANAGEMENT OF COLLATERAL
- Article 49
- Collateral given by the bidder
- Article 50
- Collateral given by the auctioneer
- CHAPTER XIV
- FEES AND COSTS
- Article 51
- Structure and level of fees
- Article 52
- Costs of the auction process
- CHAPTER XV
- AUCTION SURVEILLANCE, REMEDIAL MEASURES AND SANCTIONS
- Article 53
- Cooperation with the auction monitor
- Article 54
- Monitoring the relationship with bidders
- Article 55
- Notification of money laundering, terrorist financing or criminal activity
- Article 56
- Notification of market abuse
- Article 57
- Maximum bid-size and other remedial measures
- Article 58
- Market conduct rules or any other contractual arrangements
- Article 59
- Conduct rules for other persons authorised to bid on behalf of others pursuant to Article 18(1)(b) and (c) and Article 18(2)
- CHAPTER XVI
- TRANSPARENCY AND CONFIDENTIALITY
- Article 60
- Publication
- Article 61
- Announcement and notification of the auction results
- Article 62
- Protection of confidential information
- Article 63
- Language regime
- CHAPTER XVII
- FINAL PROVISIONS
- Article 64
- Right of appeal
- Article 65
- Correction of errors
- Article 66
- Entry into force
- ANNEX I
- Allowances auctioned prior to 2013 and the auctioned product through which they shall be auctioned referred to in Article 10(1)
- ANNEX II
- List of the elements referred to in Article 20(3)
- ANNEX III
- Auction platforms other than those appointed pursuant to Article 26(1) or (2), their appointing Member States and any applicable conditions or obligations referred to in Article 30(7)
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