Gas trading in the EU is undergoing a regulatory transformation. Part of an overhaul of finance and commodities trading that began before the banking crisis of 2008, Europe's trading reforms have resulted in a wide-ranging set of new rules for actors across the energy sector, from utilities and TSOs to banks trading gas, oil, electricity and transport capacity – and they are about to change again. Gas Matters speaks to Silke Goldberg, partner and energy law and regulatory specialist at international law firm Herbert Smith Freehills, about how the game has changed already, the next wave of rules set to take effect in January 2018 and the disruption to markets that nascent technologies like blockchain might bring.
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