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Statkraft given violation charges from Nord Pool Spot and NASDAQ OMX

26 Nov, 2011

Statkraft Energi AS is given violation charges of in total NOK 400,000 from Nord Pool Spot AS and NASDAQ OMX Oslo ASA for breach of the Market Conduct Rules related to erroneous Elspot nominations and financial trades on October 27, 2010.

The decisions can be found here:

http://www.nordpoolspot.com/Market_Information/Exchange-information/No-372011---Statkraft-Energi-AS-is-given-a-violation-charge-of-NOK-250000-for-breach-of-the-Market-Conduct-Rules/

https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=461150&lang=en

Statkraft has carried out a thorough review of the reporting and control routines and updated its procedures. Statkraft has chosen to accept the fines.