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Irish Retail Market Assurance

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Presentation on theme: "Irish Retail Market Assurance"— Presentation transcript:

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?


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