P417 Report Phase Consultation

Summary

A Modification is required to remove the templates in annexes M1 – M4 in Section M ‘Credit Cover and Credit Default’ and replace them with a requirement for the BSC Panel approved templates and Approved Insurance Product requirements to be published on the BSC Website. Subsequently, the Letter of Credit templates previously approved by the Panel in their meeting on April 2020 shall become the only Letter of Credit templates to be used and published on the Elexon website.

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