03 Feb 2011 Update on transitional measure: EU ETS registry system
Following the suspension from 19 January 2011 of transactions, except for the allocation and surrender of allowances, in all EU ETS national registries, the European Commission has finalised its review of the first reports from national registries on the adequacy of their security measures.
With the reports submitted, France, Germany, the Netherlands, Slovakia and the United Kingdom have given reasonable assurances that the minimum security requirements are in place. Therefore these national registries will resume normal operations on 4 February 2011 at 8am CET.
Cooperation with national authorities is constructive and the Commission expects several more reports to be submitted in the coming days.
The Commission will continue to provide updates on the situation and will announce the planned re-activation of each national registry 24 hours in advance.
(The announcement is available here ) |