EU Emissions Trading System
- Start date : 18/07/2011 00:00:00
The revised ETS Directive adopted in 2009 provides for the centralisation of the EU ETS operations into a single European Union registry. This new registry will be operated by the Commission and will replace all EU ETS registries currently hosted in the Member States. All transactions taking place in the registry will be subject to the approval of the European Union Transaction Log (EUTL), the successor of the CITL.
With a view to preparing the migration of the EU ETS accounts into the Union Registry in 2012, access to national registries will be suspended for up to 2 weeks around the turn of the year.
Further announcements on the exact calendar will be communicated no later than October.