Wholesale-Retail Code Change Proposal – Ref CPW105 – Provisions of Information Obligation

Date14 July 2022
1
Wholesale-Retail Code Change Proposal Ref CPW105
Modification
proposal
Wholesale-Retail Code Change Proposal Ref CPW105 Provisions
of Information Obligation
Decision
The Authority has decided to approve this Change Proposal
Publication date
14 July 2022
Implementation
date
26 August 2022
Background
This Change, originally raised in October 2020, seeks to rationalise the Panel’s
involvement in the Provisions of Information obligation included within the Market
Terms of the WRC.
Section 1.2.11 of the WRC Schedule 1 Part 4: Market Terms places an obligation on the
Market Operator (MOSL) to provide a summary list of the documents that it makes
We are approving this Change Proposal.
We consider that this change to the Wholesale-Retail Code (WRC) will enable the Code
Change Committee (CCC) to focus its time on activities that provide greater value to
customers and the market.
Key message for stakeholders to note:
We note that the purpose of the WRC requirement for the Panel to review and approve
the summary list of documents is unclear. We agree that it does not seem an
appropriate use of Panel or CCC time and resources to continually undertake this
review.
However, we are mindful that this change relates to responsibilities and processes that
govern the transparency and accessibility of market documents. We therefore
encourage MOSL to clarify the process, roles and responsibilities for reviewing
documents published under the Market Arrangements Code (MAC) and the WRC.

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT