{"id":212374,"date":"2024-11-06T10:23:36","date_gmt":"2024-11-06T10:23:36","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?post_type=change-proposal&#038;p=212374"},"modified":"2025-01-24T14:26:33","modified_gmt":"2025-01-24T14:26:33","slug":"cp1600","status":"publish","type":"change-proposal","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/change-proposal\/cp1600\/","title":{"rendered":"CP1600 Amend BSCP301 to remove e-mail submission of Funds Accession Form"},"content":{"rendered":"","protected":false},"template":"page-templates\/template-global.php","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false},"tags":[],"class_list":["post-212374","change-proposal","type-change-proposal","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":212374,"title":"CP1600 Amend BSCP301 to remove e-mail submission of Funds Accession Form","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/change-proposal\/cp1600\/","categories":[],"tags":[],"content":"\n\t<div class=\"panel-content\">\n\t\t<p>BSCP 301 &#x2018;Clearing, Invoice and Payment&#x2019; requires BSC Parties to submit Trading Charges and bank details to Funds Administration Agents (FAA) through two methods: an online form in Elexon Kinnect and a paper BSCP301 Funds Accession Form. However, the existence of these dual processes has led to data inconsistencies and missing information due to misalignment of mandatory fields, increasing the risk of errors during data entry. Ongoing data anomalies may significantly impact the migration to the new FAA system, which will utilise an API for direct data sourcing, emphasising the need for robust data controls that the current paper process does not support.<\/p>\n\n\t<\/div>\n\n\t<div class=\"panel-section\">\n\t\t<div class=\"accordion\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"accordion-group\">\n\t\t\t\t\t\t\t\t\t\t\t<h2 class=\"accordion-title\" tabindex=\"0\" id=\"timetable\" aria-expanded=\"false\">Timetable<\/h2>\n\t\t\t\t\t\t\t\t\t\t<div class=\"accordion-panel\" aria-hidden=\"true\">\n\t\t\t\t\t\t<div class=\"panel-inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"panel-section\">\n\t\t\t\t\t\t\t\t\t\t\t<table width=\"1276\">\n<tbody>\n<tr>\n<td width=\"842\">\n<p>Event<\/p>\n<\/td>\n<td width=\"434\">\n<p>Date<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"842\">\n<p>CP Progression Paper presented to ISG and SVG for information<\/p>\n<\/td>\n<td width=\"434\">\n<p>05 November 24<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"842\">\n<p>CP Consultation<\/p>\n<\/td>\n<td width=\"434\">\n<p>11 November 24 &#x2013; 06 December 24<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"842\">\n<p>CP Assessment Report to ISG and SVG for decision<\/p>\n<\/td>\n<td width=\"434\">\n<p>07 January 2025<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"842\">\n<p>Proposed Implementation Date<\/p>\n<\/td>\n<td width=\"434\">\n<p>Thursday 27 February as part of the Standard February BSC Release<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"accordion-group\">\n\t\t\t\t\t\t\t\t\t\t\t<h2 class=\"accordion-title\" tabindex=\"0\" id=\"committee-decision\" aria-expanded=\"false\">Committee Decision<\/h2>\n\t\t\t\t\t\t\t\t\t\t<div class=\"accordion-panel\" aria-hidden=\"true\">\n\t\t\t\t\t\t<div class=\"panel-inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"panel-section\">\n\t\t\t\t\t\t\t\t\t\t\t<p>CP1600 was presented the ISG (<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/meeting\/isg285\/\">ISG285\/01<\/a>) and SVG (<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/meeting\/svg287\/\">SVG287\/02<\/a>).&#xA0;<\/p>\n<p>The SVG:<\/p>\n<ul>\n<li><strong> REJECTED<\/strong> the proposed changes to BSCP 65 for CP1600; and<\/li>\n<li><strong>REJECTED<\/strong> CP1600 for implementation on 27 February 2025 [as part of the standard February 2025 Standard Release].<\/li>\n<li><strong>NOTED<\/strong> that CP1600 will also be presented for decision to the ISG on 07 January 2024.<\/li>\n<\/ul>\n<p>The ISG:<\/p>\n<ul>\n<li><strong>APPROVED<\/strong> the proposed changes to BSCP301 for CP1600;<\/li>\n<li><strong>APPROVED<\/strong> CP1600 for implementation on 27 February 2025 as part of the standard February 2025 Standard Release; and<\/li>\n<li><strong>NOTED<\/strong> that CP1600 will also be presented for decision to the SVG on 7 January 2025.<\/li>\n<\/ul>\n<p><strong>As both Committees must reach the same decision, CP1600 will be presented to the BSC Panel in February for a final decision.<\/strong><\/p>\n\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"accordion-group\">\n\t\t\t\t\t\t\t\t\t\t\t<h2 class=\"accordion-title\" tabindex=\"0\" id=\"cpc-consultation\" aria-expanded=\"false\">Change Proposal Consultation<\/h2>\n\t\t\t\t\t\t\t\t\t\t<div class=\"accordion-panel\" aria-hidden=\"true\">\n\t\t\t\t\t\t<div class=\"panel-inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"panel-section\">\n\t\t\t\t\t\t\t\t\t\t\t<p>CP1600 was issued for industry consultation on Monday 11 November 2024 with responses invited by 5pm on Friday 6 December 2024.&#xA0;<\/p>\n<p>CP1600 received no consultation responses. Elexon believe that the lack of responses is due to the minimal impact the CP1600 brings to BSC Parties.&#xA0;<\/p>\n\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"accordion-group\">\n\t\t\t\t\t\t\t\t\t\t\t<h2 class=\"accordion-title\" tabindex=\"0\" id=\"submission\" aria-expanded=\"false\">Submission<\/h2>\n\t\t\t\t\t\t\t\t\t\t<div class=\"accordion-panel\" aria-hidden=\"true\">\n\t\t\t\t\t\t<div class=\"panel-inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"panel-section\">\n\t\t\t\t\t\t\t\t\t\t\t<p>CP1600 was presented to the SVG (285\/05) and sent to the ISG (283\/04) as an Ex-committee item.&#xA0;<\/p>\n\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/change-proposal\/212374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/change-proposal"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/change-proposal"}],"version-history":[{"count":9,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/change-proposal\/212374\/revisions"}],"predecessor-version":[{"id":215251,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/change-proposal\/212374\/revisions\/215251"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=212374"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=212374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}