IEC 62325-351:2016 is applicable to European style electricity markets and specifies a UML package which provides a logical view of the functional aspects of European style market management within an electricity markets. This package is based on the common information model (CIM). The use of the CIM goes far beyond its application in a market management system. This new edition of IEC 62325-351 contains new classes and associations required to comply with new business development for European style market, and in particular the implementation of recent European regulations.