Updating account information
The Swedish Energy Agency has an obligation to at least once every three or five years review whether the information submitted for opening of an account remains complete, up-to-date, accurate and true under Article 22 of Commission regulation (EU) 2019/1122.
According to Article 20 of Commission regulation (EU) 2019/1122, each account shall have at least two authorised account representatives. This review gives the account holder the opportunity to update, add or remove account representatives.
Purpose of the update
The review is designed to protect and update the information contained in the Union Registry.
Timetable
In November, all account representatives and account holders included in the review will receive and e-mail from the Swedish Energy Agency. The updated documentation will have to be provided to the Swedish Energy Agency within the time frame specified in the e-mail.
Due to the current situation with COVID-19, the 2020 update of account information is postponed to the beginning of 2021.
Account holder and account representative
An account holder is the company/organisation who is the owner of an account in the registry. On each account, the account holder shall nominate at least 2 authorised representatives who then represent the account holder in the registry.
The representatives are those who have actual access to the account and can carry out transfers or enter emissions.