Decision on strengthening milestone assessments and additional reporting requirements
Related Links
- December action plan on financial resilience
- Update to action plan on retail financial resilience: supplier control over material assets (actions 4 and 5)
- Consultation on changes to Ofgem’s guidance on applying for a gas or electricity licence (action 7)
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In our December action plan, we set out our approach to strengthening our regulatory regime for supplier financial resilience so that risks are not passed on inappropriately to consumers.
In the next step of realising this action plan, today we are announcing our decision on measures to strengthen our milestone assessment framework and increase scrutiny around significant commercial developments and senior personnel changes (this links to point 6 of the December action plan). We attach the decision and associated guidance for suppliers below.
Main document
[Decision on strengthening milestone assessments and additional reporting requirements [PDF, 529.47KB]
Subsidiary documents
[Milestone Assessment Guidance [PDF, 192.10KB]
](https://www.ofgem.gov.uk/sites/default/files/2022-02/Milestone%20Assessment%20Guidance.pdf)
[For Decision - Elec SLC modifications [PDF, 187.13KB]
[For Decision - Gas SLC modification notice [PDF, 211.62KB]
[Guidance on significant commercial developments and senior personnel changes [PDF, 163.25KB]
[Trade Sales/Purchases and Relevant Merger Situations Assessment Template [XLSX, 56.80KB]
[Change to Senior Personnel Checklist [PDF, 85.00KB]
Related Links
- December action plan on financial resilience
- Update to action plan on retail financial resilience: supplier control over material assets (actions 4 and 5)
- Consultation on changes to Ofgem’s guidance on applying for a gas or electricity licence (action 7)