09 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 report from the national registry of Portugal on the adequacy of its security measures.
With the report submitted, Portugal has given reasonable assurances that the minimum security requirements are in place. Therefore the national registry will resume normal operations on 11 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) |