Article 6U.K.NEMO designation criteria
1.An applicant shall only be designated as a NEMO if it complies with all of the following requirements:
(a)it has contracted or contracts adequate resources for common, coordinated and compliant operation of single day-ahead and/or intraday coupling, including the resources necessary to fulfil the NEMO functions, financial resources, the necessary information technology, technical infrastructure and operational procedures or it shall provide proof that it is able to make these resources available within a reasonable preparatory period before taking up its tasks in accordance with Article 7;
(b)it shall be able to ensure that market participants have open access to information regarding the NEMO tasks in accordance with Article 7;
(c)it shall be cost-efficient with respect to single day-ahead and intraday coupling and shall in its internal accounting keep separate accounts for MCO functions and other activities in order to prevent cross-subsidisation;
(d)it shall have an adequate level of business separation from other market participants;
(e)if designated as a national legal monopoly for day-ahead and intraday trading services in a Member State, it shall not use the fees in Article 5(1) to finance its day-ahead or intraday activities in a Member State other than the one where these fees are collected;
(f)it shall be able to treat all market participants in a non-discriminatory way;
(g)it shall have appropriate market surveillance arrangements in place;
(h)it shall have in place appropriate transparency and confidentiality agreements with market participants and the TSOs;
(i)it shall be able to provide the necessary clearing and settlement services;
(j)it shall be able to put in place the necessary communication systems and routines for coordinating with the TSOs of the Member State.
2.The designation criteria set out in paragraph 1 shall be applied in such a way that competition between NEMOs is organised in a fair and non-discriminatory manner.