1. Irish Retail Market Assurance
Market Design Update process considerations
For Information

2. Introduction New assurance workstream
Current work for delivering process includes:
Examining requirements for delivery;
Detailing and documenting stages involved in assuring market change;
Consideration of issues –e.g. timing and interface requirements

3. High level delivery requirements
Identification of trigger event
Impact and assurance
Interface with the industry
Delivery of assurance work

4. Process stages/events
Sequence of stages/events identified so far…
Notification of agreed market change
Market change impact assessment
Assurance requirement assessment
Compilation of delivery timetable
Development of evaluation requirements
Provision of assurance requirements to parties
Assessment of evidence provided
Outcome reporting
Feed into market entry, as required

5. Issues under consideration
When does the Assurance function become involved in the change process –timing of events?
Sequence of events?
What level of assessment is required up front?
Assurance input into the change process?
Timetable for implementation requirements?