CP1340 – Changes to BSCP537 Appendix 1 – Self Assessment Document (SAD) to better reflect the BSC Obligations
Formal title: Changes to BSCP537 Appendix 1 - Self Assessment Document (SAD) to better reflect the BSC Obligations
Current Status
Summary
BSCP537 Appendix 1 ‘Self Assessment Document (SAD)’ contains the requirements for both Qualification and re-Qualification. Applicants are required to complete the SAD in accordance with BSCP537 ‘Qualification’ and Section J ‘Party Agents and Qualification under the Code’ of the BSC. An applicant’s responses to the questions within BSCP537 Appendix 1 (SAD) must support their self assessment conclusions as to whether they have met the Qualification Requirements.
It has been identified that sections in BSCP537 Appendix 1 (SAD) should be updated to better reflect BSC obligations.
Progression
CP1340 was raised on 3 September 2010. CP1340 was issued for Industry Impact Assessment as part of CPC00687.
Following responses from industry, we do not believe that a specific element (the requirement for CVA MOAs to send PARMS reports) of the CP is required. CP1340 v2.0 was issued for Industry Impact Assessment as part of CPC00690.
CP1340 v2.0 was implemented on 24 February, as part of the February 2011 Release.