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Issue 588 | P324

Issue 588 | P324

Josephine Lord Josephine Lord Consultant

Assessment procedure consultationP324 Review of BSCCo’s Governance: Introducing Improved Accountability to BSC Parties 2 June 2016 This modification proposal, raised by National Grid, seeks to amend the current Balancing and Settlement Code Company (BSCCo) governance arrangements to address the weaknesses identified in the 2013 Knight Report and bring the governance arrangements in line with best practice. The proposal seeks to improve the accountability of the BSC Board by giving BSC Parties the power to remove any Director they do not have confidence in. It also proposes to make changes to the arrangements around the appointment of Directors such that the Board ...

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