Where we explore the individual elements of the change process and how you might expect to engage
The Code Manager will provide regular feedback to the Performance Assurance Board on the monitoring of these conditions.
Throughout the monitoring process, the Code Manager will assess if a Derogation has increased an identified Retail Risk or had a negative impact on any third parties. The Code Manager will keep the applicant and the Performance Assurance Board informed of any potential risks.
If appropriate and required following PAB discussion, a revised recommendation for the Derogation or Sandbox made be made by the Code Manager, including additional conditions being put in place or other remedial measures added to mitigate the risks.