Irish Retail Market Assurance
Assurance Update
Assurance Strategy
• Draft issued for review & comment
• Meetings with most MPs will be
completed by the end of the week
• A number of useful points have come
out of these
• Draft will be updated accordingly with a
view to issuing by next IGG
Other Assurance Documents
• Each workstream will be supported by a
process (may be in combined docs.)
• Priorities are MD changes & Entry to
new segment
• Drafts will be issued for comment
• Gradual roll-out over next 3 months
Points raised
• Idea of Assurance Approvals Group
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Small group
Operate largely ex-committee
Rotating representation
Approve assurance processes
Approve assurance outcomes
Points raised
• Market Segmentation for Approval:
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HH
NHH
UMS
Domestic?
Pre-payment?
Points raised
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Other
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More flexibility on testing slots
IPT rather than MSA
Scenarios to be reviewed & more clearly targeted
Evidence-based rather than presence-based
Need for service levels in processes
Small organisation = small assurance OR even
combined training/assurance
Monitoring of above needed
Who decides whether a change needs assurance
Concern on confidentiality
Assurance Delivery
• Current:
• 1 Re-qualification (commenced precontract)
• MCR50
• June MD change
• Pending
• 1 participant entering new segment/re-qual