Market Surveillance and Compliance Panel definition

Market Surveillance and Compliance Panel has the same meaning as "market surveillance and compliance panel" in the Market Rules;
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Market Surveillance and Compliance Panel means the panelestablished by the EMC pursuant to section 2.6 of Chapter 3;
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Examples of Market Surveillance and Compliance Panel in a sentence

  • The default process only covers the relationship between EMC and the market participants, the market rules do not cover processes between retailers and their customers.The market rules make no specific allowance for a retailer of last resort, but rather allow for the Market Surveillance and Compliance Panel to request the issuance of a special administration order under the Electricity Act in the event of a default which results in a suspension order.

  • With this, the Power System Operator (PSO) need not refer, and the Market Surveillance and Compliance Panel (MSCP) need not conduct investigation into, straightforward non-compliance with dispatch.

  • The costs of appeal in relation to the AFPS should be reviewed to provide a better and more transparent platform for appeals to the Market Surveillance and Compliance Panel (MSCP).

  • On 9 June 2003, the Market Surveillance and Compliance Panel (“MSCP”) sought public comments on new areas included in a modified proposed catalogue of data.

  • Paper No. EMC/RCP/39/2008/280) The Panel was informed that the rule modification proposal by EMC is to introduce mechanisms for managing certain conflicts of interest that can arise within the Market Surveillance and Compliance Panel (“MSCP”).

  • The suspension process stretches from the time the EMC identifies a default event to the time the Market Surveillance and Compliance Panel (MSCP) issues a suspension order to the MP.

  • A worked exampleContract Detailso Contract duration: 6 monthso Contract type: Load (Fraction of WEQ of buyer)o Bilateral Withdrawal Fraction (BWF): 100%o Contract price used for settlement: USEP 2 Except if the Market Surveillance and Compliance Panel (MSCP) instructs the EMC to reject any bilateral contract data submitted by a suspended MP.3 BESC and GESC in this paper carry the same meaning as defined in Chapter 7 of the market rules.

  • The expenditure for the Market Surveillance and Compliance Panel and the Dispute Resolution Counsellor under the Market Assessment Unit are subject to periodic review by EMA and any variation in between actual and planned Panel activities may result in a change in the revenue for the year.

  • In its assessment of the state of compliance within the wholesale electricity markets, the Market Surveillance and Compliance Panel reviews the following areas: • The obligation to make self-reports or complaints;• Offers exceeding offer change limits;• Types of rule breaches; and• An issue regarding financial penalties.

  • The Wilkinson Microwave Anisotropy Probe (WMAP), led by scientists in the departments of Physics and Astrophysical Sciences at Princeton, has made by far the most detailed map of the Cosmic Microwave Background, leading to our current standard model of the overall structure and makeup of the Universe.

Related to Market Surveillance and Compliance Panel

  • Quality Assurance means a systematic procedure for assessing the effectiveness, efficiency, and appropriateness of services.

  • Environmental and Social Management Framework or “ESMF” means the document to be prepared by the FSRDC and adopted by the Recipient, consisting of a framework outlining the modalities for social and environmental screening of Subprojects (as hereinafter defined) and rules and procedures for the preparation and implementation of social and environmental assessments to be complied with, as the case may be, prior to carrying out a Subproject;

  • Quality Assurance Plan or “QAP” shall have the meaning set forth in Clause 11.2;

  • Surveillance means monitoring and observation of the disposal site for purposes of visual detection of need for maintenance, custodial care, evidence of intrusion, and compliance with other license and regulatory requirements.

  • PJM Reliability Assurance Agreement means that certain Reliability Assurance Agreement Among Load Serving Entities in the PJM Region, on file with FERC as PJM Interconnection L.L.C. Rate Schedule FERC No. 44, and as amended from time to time thereafter.

  • Electronic and Information Resources Accessibility Standards means the accessibility standards for electronic and information resources contained in Title 1 Texas Administrative Code Chapter 213.

  • Radiopharmaceutical quality assurance means, but is not limited to, the performance of appropriate chemical, biological, and physical tests on potential radiopharmaceuticals and the interpretation of the resulting data to determine their suitability for use in humans and animals, including internal test assessment, authentication of product history, and the keeping of proper records.

  • Compliance Audit means the procedure (in a form advised by the GLA from time to time) by which an auditor independent of the Grant Recipient certifies (at the Grant Recipient's cost) whether the Named Projects developed or Rehabilitated pursuant to this Agreement satisfy the GLA's procedural compliance requirements (as described in the Affordable Housing Capital Funding Guide);

  • Ombudsman means the Company Ombudsman of AllianceBernstein, or any of his/her staff members.