P235 Aligning Balancing Settlement Code (BSC) requirements with the calculation of reconciliation interest performed by the funds Administration Agent
- Publication type:
- Correspondence and other
- Publication date:
- Last updated:
- Topic:
- Energy codes
- Subtopic:
- Balancing and settlement code (BSC)
The modfication proposal seeks to align the text in the Balancing Settlement Code (BSC) with the Funds Administration Agent (FAA) systems methodology for calculating interest on adjustments to Trading Charges as a result of a Reconciliation Run.