P469 ‘Credit Default Refusal and Rejection Period’

Formal title: P469 'Credit Default Refusal and Rejection Period Modification'

P469 proposal seeks to delay the Credit Default Refusal and Rejection Periods. This change would give parties a two-hour window from the Level 2 Credit Default notification until the time when any Energy Contract Volume Notifications (ECVN) related to a defaulting party are rejected.

To implement the proposed Solution, this Modification aims to change BSC Section M, 3.3.3 a (i) and (ii).

Current Status

Assessment Procedure
Report Phase
With Authority
Awaiting Implementation


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