Market Operator Services Ltd (MOSL) is seeking nominations for members to join the three Panel committees which will be established under the Market Arrangements Code (MAC) which forms part of the new legal and regulatory framework underpinning the competitive market which opens on 1st April 2017.
The Market Performance Committee (MPC), which is likely to meet on a monthly basis, will monitor overall Market Performance, ensure rectification of Trading Party underperformance and provide advice on Market Entry Assurance.
The Trading Disputes Committee (TDC) will determine the outcomes of Trading Disputes. The TDC can also recommend changes to the market codes which support the procedures for resolving Trading Disputes. The Committee will meet as and when required to consider trading disputes that are raised.
The Market Incident Management Plan Committee (MIMPC) aim is to facilitate interactions between the Market Operator and Trading Parties in relation to Business Continuity Management. The Business Continuity Management Framework in intended to provide an on-going acceptable and proportionate level of resilience across the market.
Members of the MIMPC will include MOSL directors and business continuity plan and disaster recovery plan managers and Trading Party Contract Managers. The MIMPC will meet as and when required to review and maintain the Framework.
Appointees to the MPC and TDC will include both associated and unassociated retailer members, together with wholesaler members.
Deadline to submit nominations to the Committees, which will be drawn from MOSL members, is Friday, 31 March 2017.
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