Decision on revoking unused and dormant licences
Decision
Publication date
Industry sector
Supply and Retail Market
As part of our action plan for retail resilience we have set out our approach to strengthening our regulatory regime for supplier financial resilience.
Given our Principal Objective to act in the interests of existing and future consumers, in light of the current market uncertainty, we consider the revocation of unused or dormant licences is a necessary and proportionate course of action, justified by overriding reasons of public interest.
For further detail please see attached document.