Balancing and Settlement Code (BSC) P307: 'Amendments to Credit Default arrangements'
Decision
Publication date
P307 proposed to amend the Balancing and Settlement Code (BSC) timings, triggers and thresholds in relation to Credit Default, including extending the duration of the Query Period, adjusting the thresholds for entering Credit Default, and the processes relating to Cure Periods.
The Authority approved this modification on 29 January 2015.