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Market transparency and integrity

The Federal Act of 21 March 2025 on the Supervision and Transparency of Wholesale Energy Markets (BATE) aims to strengthen the supervision and transparency of wholesale energy markets (electricity and gas). In particular, it introduces the prohibition of market manipulation and a prohibition on the use and disclosure of inside information.

This Act is supplemented by the Ordinance on the Supervision and Transparency of Wholesale Energy Markets (VATE), which sets out the technical and procedural arrangements needed for the effective application of the rules on transparency and supervision of wholesale energy markets in Switzerland.