ISDA has submitted its response to the Commission’s consultation on the “Implementation of a Data and Transaction Reporting Framework for Wholesale Energy Markets”. It says that the Commission should leverage the reporting mechanisms the industry has developed to comply with other forms of reporting, and that the Regulation on Wholesale Energy Market Integrity and Transparency (REMIT) should be consistent with the implementation of the European Regulation on OTC Derivatives, Central Counterparties and Trade Repositories (EMIR). (Source: Response on REMIT Reporting)