Regulation, compliance and price controls across two network licences
The situation
An electricity and gas distribution business (IDNO and IGT) was carrying a dense obligation set across statutory licences and industry codes, with a price control process running in parallel.
The work
Led the regulatory, compliance and policy function; owned the price-control mechanisms and the relationship with Ofgem on RIIO proposals for both licences; built an obligations register mapping every licence and code duty to an owner, control and evidence; designed and commissioned a three-lines-of-defence model; led preparation for settlement reform.
What changed
Regulatory risk moved from a distributed assumption to a reported position, with formal assurance to the board. The compliance model was implemented, with responsibility for achieving and maintaining ISO 27001 and ISO 55001 compliance.