Decision on strengthening milestone assessments and additional reporting requirements

Decision

In our December action plan, we set out our approach to strengthening our regulatory regime for supplier financial resilience so that risks are not passed on inappropriately to consumers.

In the next step of realising this action plan, today we are announcing our decision on measures to strengthen our milestone assessment framework and increase scrutiny around significant commercial developments and senior personnel changes (this links to point 6 of the December action plan). We attach the decision and associated guidance for suppliers below.