The EU challenges for the future energy systems will change the scene of the energy systems in Europe. A transition from centralized controlled power network to customer oriented Smart Grid operating in distributed and deregulated energy market poses several regulatory, organizational and technical challenges. In such a market scenarios, multiple stakeholders provide services to produce and deliver energy. Due to the inclusion of new stakeholders at multiple levels there is a lack of purposeful monitoring based on pre-negotiated SLAs. Hence, there exists a gap to actively monitor KPIs values among all negotiated SLAs (Service Level Agreements). This paper addresses SLA based active monitoring of information flow. The proposed SLA framework provides monitoring based on negotiated KPIs in an automated and trustworthy way to coordinate information flow. In the end a use case is presented to validate the SLA framework.