This consultation sets out proposed changes to the reporting requirements for the annual performance report (APR) for 2022-23 onwards. The reporting requirements for the APR are contained in our regulatory accounting guidelines (RAGs). The RAGs set out the data and information that regulated monopoly companies must report and ensures that data is published consistently across the sector. This promotes transparency and allows all stakeholders to understand and challenge companies.
We are consulting on clarifications and updates to our current requirements as well as on requirements for some new information which we have not previously required to be reported. The amendments cover the data tables and disclosures which companies are required to submit as part of their APRs. These requirements are set out in ‘RAG 3 – Guideline for the format and disclosures for the annual performance report’ and ‘RAG 4 – Guideline for the table definitions in the annual performance report’. We are not consulting on changes to any of the other RAGs.
We invite comments from all stakeholders on the proposed changes.
We intend to publish the revised RAGs early in the spring of 2023, once we have considered the responses which we receive to this consultation. The revised RAGs will be effective for the 2022-23 reporting year.
For responses in respect of question 1 please use the template provided in appendix A2. Please email them to [email protected]
The closing date for this consultation is 3 March 2023.
- RAG_3.14_FinalVersionForConsultation PDF 434.37 KB
- RAG_4.11_FinalVersionForConsultation PDF 1.73 MB