REMIT is a regulation that aims to improve the integrity and transparency of the wholesale gas and power markets in Europe.
It does this by explicitly banning insider dealing and market manipulation, as well as by requiring that market participants make disclosures of price-sensitive information, such as unplanned outages and maintenance schedules.
REMIT applies only to wholesale gas and power trading in the EU (whether physical or financial). This includes LNG.
If you are active in the European gas markets, make sure you understand how REMIT applies in detail. Further guidance is available in the Trading and Supply Compliance Manual.