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Issue 368 | Regulating TPIs

Issue 368 | Regulating TPIs

Kate Hill Kate Hill Senior Analyst

Ofgem consultationProposals for Regulating Non-domestic Third Party Intermediaries 17 February 2014 Ofgem published its proposals for regulating non-domestic Third Party Intermediaries (TPIs) on 14 February. The regulator has set out its preferred option to establish a code of practice (CoP) underpinned by a licence condition on suppliers to work only with TPIs accredited to the CoP. Alongside the consultation it has set out the draft CoP that has been developed alongside with the industry and consumer representatives. Ofgem has also set out its preferred option for the governance of the CoP; an independent board would be responsible for the CoP and Ofgem would ...

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