Regulatory Accounts Working Group

At its regulatory accounts workshop on 1 February 2012, Ofwat invited companies to join a regulatory accounts working group. The first meeting of this group was held on 22 March 2012.

The purpose of this working group is to:

develop thinking on how to account for and report on emerging policy areas
provide further input into any proposed changes for future regulatory accounts

Find out more in the terms of reference.

Meeting date	Topics
8 February 2018 Meeting notes	Workshop slides
28 February 2017 Meeting notes	Workshop slides
18 November 2016 Meeting notes	Workshop slides Recent developments – RAGs consultation to IN 16/09 – Water2020 Review of 2015-16 RAGs and general practical questions on compiling the financial tables in the APR RAG5 disclosures and transfer pricing – Review of 2015-16 – Increased significance, especially with focus on tankered waste (sewage and sludge) – Potential for increased disclosures for non-appointed activities Cost assessment – General developments and timelines – more granular cost information for new price control units Cost of new connections Looking forward; 2017-18 and beyond – Non-household retail – IFRS developments
18 March 2016 Meeting notes 23 March 2016 Meeting notes	Targeted review of sludge and water resources – background and scope Water resources: CEPA findings; Key changes to RAGs Sludge: CEPA findings; Key changes to RAGs Recharges between price control units: CEPA findings; Key changes to RAGs Other RAG changes: Transfer pricing disclosures; Arms length trading; Other changes Future RAG changes – Water 2020: Sludge; Water resources Future RAG changes – Water 2020: Other future reporting; Cost assessment