ECS: 16/2020 Addendum to Market Information Reporting Requirements for Specified Licensees in the Electronic Communications Sector (“ECS 28/2017”)
The Utilities Regulation and Competition Authority (“URCA”) issues this consultation document on the proposed addendum to the Market Information Reporting Requirements for Specified Licensees in the Electronic Communications Sector (ECS 28/2017)[1] issued on 20 December 2017.
In accordance with ECS 28/2017, licensees are required to, inter alia, collect and report market data on a broad range of electronic communications services, collect and report market data on a granular/disaggregated level, and submit the reports to URCA in respect of the data collected on a quarterly and annual basis. Subsequently, in its Annual Report 2019 and Annual Plan 2020, URCA identified the need for more appropriate and meaningful methods of measuring its performance. To that end, URCA initiated the URCA Organizational Performance Indicator (OPI) Development Project and has developed a set of organisational performance indicators (“OPIs”) intended to ensure that the regulatory work that it undertakes is more effective, relevant, timely and impactful when addressing industry needs, consumer preferences and government policy objectives. In order to satisfy the OPIs, the organisation would need to use a blend of current and additional market information, amongst other information. Therefore, the purpose of this addendum is to require licensees in the ECS to provide additional data needed to implement URCA’s OPIs. If needed, URCA will consult separately on OPIs for the ES.
In this public consultation document, URCA:
- outlines the rationale for collecting and reporting of additional market data from licensees in the ECS; and
- invites feedback from the affected licensees and other interested parties regarding the rationale for collecting and reporting additional market data based on URCA’s proposals.
