A key component of the IESO Administered Markets is the prudential framework. That prudential framework is defined by the market rules that oversee the management of credit risk within the IESO Administered Markets. The IESO undertook a comprehensive review of the prudential framework in 2007 (see
SE-23: Prudential Review) with resulting changes being adopted. It was agreed that the prudential support requirements be reviewed at least once every three years.
Market Participants are provided an opportunity to provide comment on the draft IESO's 2010 prudential framework assessment for consideration by IESO prior to presenting this matter at the Stakeholder Advisory Committee meeting.
Schedule of Activities
|September 2010||Consultation closed|||
September 10, 2010
Final report presented to the IESO Board.
The IESO Board has accepted the recommendation that no changes be made to the IESO's prudential framework at this time.
August 9, 2010
IESO to published responses to all comments received, including any revisions to draft report and conclusions, if applicable.
IESO response and updated report to be posted.
July 20, 2010
Due date for stakeholder input on the Report. All comments received will be considered and a response to all comments will be published.
All comments received will be posted.
June 30, 2010
Preliminary Prudential Review Report
Stakeholders to provide written feedback by July 20, 2010.