MOSL has today launched a second consultation on the Market Performance Framework (MPF) Reform programme.
As part of this consultation, MOSL is looking for stakeholder feedback on areas including:
- the potential metrics that could be used to monitor trading party performance
- the intervention tools that may be used to support delivery of the required performance
- the overarching governance framework that will operate the new MPF
This builds on the first consultation in October 2022 when MOSL gathered stakeholder feedback on the market activities and types of interventions that should form part of the future MPF, as well as the risks and issues that could prevent the delivery of these outcomes.
Programme Director, John Gilbert said: "Stakeholder feedback to the first consultation has helped us to shape the direction of the future MPF. We encourage you to take this opportunity to help establish which intervention tools and metrics are most effective and practical to take forward as part of the future framework."
There will be a webinar on Monday 13 March 2.00-4.00pm to create a more accessible forum than a written only consultation. We encourage you to attend. You can download a calendar reminder with the Teams meeting link here.
Supporting documents and materials from the first consultation can be found here.
Responses to the consultation questions below are requested by email to
*Responding to the valuable feedback received ahead of and during the webinar on 13 March, MOSL has extended the deadline for responses to the consultation until 6pm on Friday 21 April (previously 31 March). MOSL has also issued updated guidance on how trading parties can provide feedback to the consultation and will hold a drop-in session to answer any questions prior to stakeholders submitting their responses.
Consultation questions:
Question 1: Are there any metrics for a given activity that have not been shortlisted that should apply? Please explain your answer.
Question 2: Do you have any comments on any of the metrics? Please explain your answer (this could be in terms of cost, accountability etc).
Question 3: Are there any intervention tools for a given activity that have not been shortlisted that should apply? Please explain your answer.
Question 4: Do you have any comments on any of the tools? Please consider the potential impact on trading party behaviour, customer outcomes or any unintended consequences.
Question 5: Do you have any comments on the governance proposed? Please consider the governance layers involved in your answer.
Please quote the metric or tool reference for any metrics or intervention tools you refer to in your answers.
