Trading and Settlement Code Terms of Reference for the Market Audit 2024 Consultation Paper
The SEM Committee has today published a Consultation Paper on the proposed terms of reference for the Trading and Settlement Code Market Audit 2024.
The RAs propose that the Market Audit 2024 covering the 12-month period from 1 January 2024 to 31 December 2024 is to be a core SEMO audit and reported under the ISAE 3000 Assurance Opinion. The RAs propose that the materiality level remains at 0.5% of the estimated annual market value of electricity traded in SEM, as governed by the TSC.
Responses to this Consultation Paper should be sent to Aline M Martellini (ammartellini@cru.ie) and Caroline Winder (caroline.winder@uregni.gov.uk) by 17:00 on 28 October 2024.