The Green Certificates Bilaterals Registration Platform (PBCV) is an electronic platform enabling Participants to register and settle their bilateral transactions on Green Certificates (transfer of ownership) in accordance with the provisions laid down in the PBCV Rules.
Participation in the platform is open to all the parties that are mentioned in the PBCV Rules and that have submitted a PBCV Participation Application, accompanied by a copy of a personal identity document of the signer of the application.
Within five working days from receipt of the application, after checking the validity of the submitted documentation, GME shall notify the applicant of the acceptance or rejection of the application.
The PBCV Participant will be entered into an appropriate List of Participants, which is held by GME and posted on its website.
The technical procedures for participating in the PBCV are defined in the Technical Rules.
The fees for the PBCV are the same as those applied to the Green Certificates Market.
The transactions registered on the PBCV in the mode “with technical adequacy verification” will be settled on the working day preceding each session of the Green Certificates Market
For transactions registered on the PBCV both in the mode “without technical adequacy verification” and in the mode “with technical adequacy verification”, the price to be declared upon registration must be NET OF VAT.
Purchasing Participants wishing to accept registration requests submitted in the mode with “technical adequacy verification” must make their deposits within 12:00 of the day on which the settlement is made. The amount to be deposited must include VAT, where applicable.
Finally, GME DOES NOT act as central counterparty in the transactions registered through the PBCV.
The Participation Application should be submitted only in the Italian language.
PBCV access was visible as "Viewer" up to 31 December 2016