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FAQs on fundamental data and inside information – Question III.6.1.1

Will ACER provide a testing environment for market participants to test the exchange of UMM information prior to releasing the web feed into production? Will ACER validate and report back to the platform whether information is generated correctly in the web feed?


Answer:

The Agency will not provide testing arrangements for individual market participants and no automated feedback mechanism will be implemented to provide receipts for non-compliant messages. Nevertheless the Agency reserves the right to contact reporting entities on performance issues on an ad hoc basis. Please note that recurrent issues will be reported to NRAs for appropriate action.

RSS_Icon Last update: 31/03/2016  

FAQs on fundamental data and inside information – Question III.6.1.2

Can the Agency provide technical specifications that describe how ACER’s system will connect to platform’s RSS feed and what kind of information the RSS feed will extract?


Answer:

Please consult the REMIT Guidance on the implementation of web feeds for Inside Information Platforms.

RSS_Icon Last update: 08/01/2019  

FAQs on fundamental data and inside information – Question III.6.1.3

How ACER will pull the information from the UMMs published on market participants’ or service providers’ web-sites?


Answer:

Market participants are required to provide the URL address where they publish inside information in the registration for REMIT purposes under the field ‘Publication of inside information’ according to Article 9 of REMIT. The web feed should be located in the exact same web page used for the disclosure of inside information.

According to Article 9(5) of REMIT market participants are required to keep the registration fields updated. Failure to do so will constitute a breach of REMIT and will not allow the Agency to adequately collect the information included in the web feed. The field in Section 1 of the registration form should, therefore, include the exact location of the web feed. A generic reference to a homepage of a website is not considered by the Agency as a complete fulfilment of the registration obligation.

RSS_Icon Last update: 31/03/2016  

FAQs on fundamental data and inside information – Question III.6.1.4

Does ACER intend to apply automation in the collection and storage of the information published through the means of UMMs?


Answer:

Automated pulling of data will be applied by ACER while ATOM and RSS technologies will be supported at the same level.

RSS_Icon Last update: 31/03/2016  

FAQs on fundamental data and inside information – Question III.6.1.5

Are the standards for the format of the UMMs (fields, fields content, type, length, accepted values) valid for the publication of the messages or the Agency requires to pull this information through XML files generated by the RSS provided on the respective website?


Answer:

The data fields and electronic formats for the reporting of inside information provided in the Manual of Procedures for Data Reporting only apply to the web-feeds. The Agency will be collecting UMM data via XML files based on the recommended XSD generated by the stakeholders web feeds.

RSS_Icon Last update: 31/03/2016  

FAQs on fundamental data and inside information – Question III.6.1.6

What is the Agency’s expectations about the delivery and storage of the RSS feeds?


Answer:

As chapter 7 of the MoP on data reporting states that UMM via the web-feed should be provided at the time of the disclosure of the inside information. As for storage, UMMs reported to the Agency should be stored for a time period of at least 90 calendar days after submission via the web-feeds.

RSS_Icon Last update: 31/03/2016  

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