# Regulation (EU) No 1227/2011 of the European Parliament and of the Council of 25 October 2011 on wholesale energy market integrity and transparency (Text with EEA relevance), Article 6: Technical updating of definitions of inside information and market manipulation

Extent: E+W+S+N.I.

1. A national authority may, by regulations, amend this Regulation in order to:
(a) align the definitions set out in points (1), (2), (3) and (5) of Article 2 for the purpose of ensuring coherence with other relevant ... legislation in the fields of financial services and energy; and
(b) update those definitions for the sole purpose of taking into account future developments on wholesale energy markets.
2. The regulations referred to in paragraph 1 shall take into account at least:
(a) the specific functioning of wholesale energy markets, including the specificities of electricity and gas markets, and the interaction between commodity markets and derivative markets;
(b) the potential for manipulation across borders, between electricity and gas markets and across commodity markets and derivative markets;
(c) the potential impact on wholesale energy market prices of actual or planned production, consumption, use of transmission, or use of storage capacity; and
(d) network codes and framework guidelines adopted in accordance with Regulation (EC) No 714/2009 before 1 January 2020 and network codes and framework guidelines adopted, or regulations made, under the Gas Regulation and Electricity Regulation.

---
Source: https://www.legislation.gov.uk/eur/2011/1227/article/6 (the official version)
Page: https://openlegislation.uk/eu-regulation-2011-1227/article-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.