Trading Disputes Committee

Remote Meetings

Events relating to the Coronavirus (COVID-19) are changing on a daily basis. We took an early decision to base all of our staff at home as a means of continuing our service uninterrupted, and to help in efforts to stop the spread of the virus. Consequently, for the time being, we will no longer be hosting meetings at our London office, though we will continue to provide our services as normal.

Please read through our guidance with respect to forthcoming meetings which will be hosted remotely for the foreseeable future. Your meeting host will be in contact with you to ensure all necessary arrangements are in place to hold meetings virtually.

Clearly the specific advice we are referencing here may change so we ask all committee members and stakeholders to ensure they keep up to date on advice from the Government and we will also update our procedures, and notify you, as appropriate.

For further information please visit the Public Health England website.

 

About the TDC

The Trading Disputes Committee (TDC) ensures that all Trading Disputes and Manifest Errors are resolved so that errors are corrected and the integrity of Settlement maintained.

Join the committee

We have a number of vacancies to participate in the TDC. If you are interested please complete the application form on our website, setting out your relevant experience/expertise for the Committee(s) you are interested in. 

Remit

The TDC is appointed by and reports to the BSC Panel. Its principal functions and powers are:

  • To investigate and resolve all Trading Disputes;
  • To monitor the operation of, and recommend Modifications to, the BSC Procedures which support the Dispute processes; and
  • To recommend Modification or Change Proposals to the BSC Panel arising from TDC activities.

The TDC is also responsible for ruling on claims of Manifest Error, determining the replacement bid/offer prices in such circumstances, and considering any claims for compensation.

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