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Regulation and Legislation
Thursday, 03 September 2015 06:42

CMA consults on draft water mergers guidance

The Competition and Markets Authority (CMA) has today opened a consultation on the draft of its new guidance covering the water mergers regime. Unlike other mergers the CMA examines, the CMA’s role in water mergers is to assess whether the merger has a negative impact on Ofwat’s ability to make comparisons between water companies.

With effect from 1st September construction site managers throughout London will now be required to retrofit or replace old, polluting machinery in a world-first step to help clean up the capital’s air and reduce damaging emissions from diggers, bulldozers and related vehicles.

Updated Ofwat guidance to the water companies in England and Wales covering procedures for dealing with domestic customers in debt will enable them to make use of debt collection agencies which are not licensed by the Financial Conduct Authority - the FCA only regulates consumer credit debts. 

A number of leading renewable energy organisations are warning that government proposals in the consultation launched yesterday to review the Feed-in Tariffs scheme will jeopardise investment in the renewable energy sector and put thousands of jobs at risk.

Water industry regulator Ofwat has ruled that developers' costs in a dispute over their contributions to date towards the provision of one of Anglian Water's strategic assets should be limited to £2.5 million -as a result the developers will receive an as yet unquantified refund, plus associated interest, on their contributions to date.

A new report published today shows that manufacturers are not feeling the benefit of ‘green’ red tape culls and calls for bolder Government action on environmental legislation.

Ofwat has received the recommendations of the Abstraction Incentive Mechanism (AIM) taskforce established to consider how water companies can be incentivised to reduce their abstractions from environmentally sensitive water sources when river flows are low.

Water industry regulator Ofwat has published new guidance for assessing which businesses and other non-household customers in England and Wales will be eligible to switch water and wastewater suppliers when the competitive market opens for business in 2017.

The Committee on Standards in Public Life has announced its intention to undertake a review of ‘Ethics for Regulators’ to explore how regulators live up to the 7 principles of public life.

Thursday, 13 August 2015 06:07

Ofwat sets out five year business plan

Ofwat has published its five-year business plan for 2015-16 to 2019-20, including a proposal to establish a new independent adjudicator to make decisions on the non-strategic complaints and disputes it receives.

Regional Development Minister, Danny Kennedy, has received the latest report on the quality of drinking water in Northern Ireland.

Open Water Market Ltd (OWML) has published a stakeholder update highlighting key issues for the water companies ahead of market opening in 2017, including data requirements, payment and credit terms.

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