Those most likely to be affected by this risk are parties and party agents involved in the registration of new VAUs, the de-registration of VAUs, and those who transfer BM Unit’s between SVA and CVA.<\/p>\n
Potential causes, or as they known in the Risk Evaluation Register: Risk Factors are the points of failure that could result in erroneous or estimated data entering Settlement.<\/p>\n
Elexon has identified a number of typical failure points related to this risk, parties should note the list is non-exhaustive, and not all risk factors are applicable to every role type.<\/p>\n
Parties responsible for operating controls should take note of the information below. This identifies the BSC Sections and Procedures relating the risk.<\/p>\n
Review the processes outlined in the following BSC section and ensure that internal processes match the requirements:<\/p>\n
In order to calculate the impact this risk has on your Party, multiply your market share by the impact as outlined above<\/p>\n
Risk Evaluation Register<\/a> sets out further detailed information on the noted controls. Details can be found under Associated Documents. <\/p>\n Operational Support Managers<\/a> (OSMs) are able to help with further information or training on this Risk and associated processes.<\/p>\n The following documents outline the methodology used to assess the Settlement Risk related to Agent appointments.<\/p>\n How it relates to you Those most likely to be affected by this risk are parties and party agents involved in the registration of new VAUs, the de-registration of VAUs, […]<\/p>\n","protected":false},"author":365,"featured_media":0,"parent":113909,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","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,"footnotes":""},"tags":[],"class_list":["post-151741","page","type-page","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":151741,"title":"019 CVA Risk: CVA Registrations","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-processes\/performance-assurance-risk-evaluation-register\/019-cva-risk-incorrect-registration-of-a-volume-allocation-unit\/","categories":[],"tags":[],"content":" This page outlines the Risk that a Volume Allocation Unit (VAU) is registered incorrectly or not at all such that the Central Data Collection Agent (CDCA) does not collect any or the relevant data.<\/p>\n\n <\/div>\n\n Those most likely to be affected by this risk are parties and party agents involved in the registration of new VAUs, the de-registration of VAUs, and those who transfer BM Unit’s between SVA and CVA.<\/p>\n Potential causes, or as they known in the Risk Evaluation Register: Risk Factors are the points of failure that could result in erroneous or estimated data entering Settlement.<\/p>\n Elexon has identified a number of typical failure points related to this risk, parties should note the list is non-exhaustive, and not all risk factors are applicable to every role type.<\/p>\n Parties responsible for operating controls should take note of the information below. This identifies the BSC Sections and Procedures relating the risk.<\/p>\n Review the processes outlined in the following BSC section and ensure that internal processes match the requirements:<\/p>\n In order to calculate the impact this risk has on your Party, multiply your market share by the impact as outlined above<\/p>\n Risk Evaluation Register<\/a> sets out further detailed information on the noted controls. Details can be found under Associated Documents. <\/p>\n Operational Support Managers<\/a> (OSMs) are able to help with further information or training on this Risk and associated processes.<\/p>\n The following documents outline the methodology used to assess the Settlement Risk related to Agent appointments.<\/p>\nSupport and training<\/h2>\n
Methodology used for this risk<\/h2>\n
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How it relates to you<\/h2>\n
Parties responsible for risk factors<\/h3>\n
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Parties responsible for risk controls<\/h3>\n
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Potential causes<\/h2>\n
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Potential solutions<\/h2>\n
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Impact of this risk on the industry<\/h2>\n
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Further information<\/h2>\n
Support and training<\/h2>\n
Methodology used for this risk<\/h2>\n
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