Revised Compliance procedures and guidelines released for review
By Anne Wardell, Compliance Quarter The Australian Energy Regulator (AER) has released a consultation draft of proposed new AER Compliance Procedures and Guidelines. The amendments relate to the new reporting obligations introduced in June 2017. Interested parties are invited to make written submissions on the draft Guideline by 10 November 2017. The Notice of Draft Instrument (Notice) states that the 'changes are designed to address inefficiencies by reducing the time and effort required by businesses in preparing reports and to improve the overall quality of reporting. The draft notice provides stakeholders with the opportunity to comment on amendments before a final decision is made. The proposed amendments seek to: improve the functionality of the reporting template to include pre-populated data so as to facilitate completion of the form in a…