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Revised PAF® Licence proposal summary of feedback

In February, we published our revised PAF Licence proposal and invited further comment from the market. We have now reviewed the comments and have published a summary of feedback.

The feedback to that proposal is very positive and suggests it achieves its aim of providing greater simplicity and offering customer choice and that this in turn creates the opportunity for further market growth. Some respondents raised questions and highlighted concerns with some aspects of the revised proposal and we are using these as we consider improvements that can be made before we finalise the new Licence. Our intention is to publish the final licence in April 2014 with the terms being implemented 12 months later.

To read the full summary click here.

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