Common Questions

What are the REMIT II reporting deadlines in 2026?: Under REMIT II implementing regulations, standard contracts must be reported within T+2 business days of execution and non-standard contracts within T+10. KOR Financial published detailed deadline analysis in April 2026 ahead of the Madrid Gas Regulatory Forum.Source: KOR Financial REMIT II guide, April 2026
What is KOR Financial and what does it do?: KOR Financial is a UK regulatory technology and analysis firm specialising in EU and UK wholesale energy market compliance. It publishes implementation guides and deadline analyses for energy companies navigating REMIT II and related reporting obligations.
What is KOR Financial?: KOR Financial is a UK-based regulatory technology and analysis firm specialising in EU and UK wholesale energy market compliance. It publishes guidance on REMIT, transaction reporting, and energy regulation implementation.Source: KOR Financial entity background
What are the REMIT II transaction reporting deadlines?: Under REMIT II implementing regulations, standard contracts must be reported within two business days of execution (T+2) and non-standard contracts within ten business days (T+10). KOR Financial published detailed analysis of these deadlines in April 2026.Source: European Energy Markets topic
What does REMIT II require energy companies to do?: REMIT II (the EU Regulation on Wholesale Energy Market Integrity and Transparency, recast) requires energy market participants to report wholesale energy transactions to ACER. The 2026 recast introduced new reporting deadlines, an exposure reporting obligation, and updated implementing regulations.Source: European Energy Markets topic
Who published REMIT II implementation guidance for energy traders?: KOR Financial and Baker McKenzie both published REMIT II compliance guides in April 2026 timed to the 40th Madrid Gas Regulatory Forum, providing analysis of deadlines, the transition period, and the simultaneity paradox.Source: European Energy Markets topic

Background

KOR Financial is a UK-based specialist regulatory technology and analysis firm serving European wholesale energy markets. It focuses on market compliance, regulatory reporting, and implementation guidance for energy firms navigating EU and UK regulatory frameworks.

In April 2026 KOR Financial published a REMIT II implementing-regulation guide that detailed changes to transaction reporting deadlines under the revised regulation: T+2 for standard contracts (two business days after execution) and T+10 for non-standard contracts. The guide also covered the transition period that eases the simultaneity paradox, where conflicting dual-reporting timelines would otherwise apply simultaneously. The publication was timed to the 40th Madrid Gas Regulatory Forum on 29-30 April 2026.

KOR Financial's analysis circulates alongside Baker McKenzie's legal guide as a paired reference set for compliance officers at trading houses, utilities and energy firms with EU market exposure. The firm's niche positioning in regtech for energy markets makes it a specialist information source rather than a general finance information provider.

How the World Sees Them

ACER

ACER watches industry interpretation of its implementing regulations; KOR Financial's guides feed back into the regulator's understanding of how the deadlines will be operationalised.

Trading houses

Quant teams at European gas and power trading desks reference KOR Financial's deadline analysis when calibrating automated reporting systems.

United Kingdom

As a UK-based firm post-Brexit, KOR Financial bridges EU REMIT II and UK energy regulation advisory, relevant to UK firms with EU market exposure.

European energy companies

KOR Financial's T+2/T+10 breakdown is the primary operational reference for compliance teams building reporting workflows under REMIT II implementing regulations.