Raising a BSC Change as a BSC Party
This page provides BSC Parties with information about how they can introduce a change to the BSC and the associated Code Subsidiary Documents. The starting point for this process if different from the starting point for non-BSC Parties which eventually uses the same end-stages for raising a Change.
How it relates to you
The BSC Change process is used to introduce changes to the BSC arrangements in response to any concerns, problems or defects that Parties and non-Parties (under BSC Panel Designation) may identify in the current arrangements. Changes can be made to the BSC (the Code), Code Subsidiary Documents (CSDs) and to BSC Systems.
Non-BSC Parties
If you are a non-BSC Party you will need to use the designation process to raise a proposal to modify the BSC (a Modification Proposal).
Types of change
If you are a BSC Party you can raise the following types of change:
Modifications
These are raised to introduce changes that would alter any part of the BSC legal text. Any CSDs or BSC Systems impacted by the proposed changes would also be updated as part of the Modification.
- Modifications – please complete the Standard Modification Template
Change Proposals
These are detailed proposals which are raised to amend CSDs and/or BSC Systems, but would not alter the BSC legal text itself.
- Change Proposals – please complete the CP Form (BSCP40/02)
Issues
These are problems or potential issues with the current arrangements whereby the solution is unknown or undefined, so once raised will be discussed by an industry expert Issue Group to consider possible solutions
- Issues – please complete the Issues Form (BSCP40/04)
Standard Changes
These are low risk, predictable and repeatable pre-authorised changes to the BSC or Code Subsidiary Documents (CSDs), implemented without following the existing Change Proposal or Modification procedures.
- Standard Change – please complete the Standard Change Form (BSCP40)
Raising a change
Once you are ready to draft or raise your change you will need to submit the relevant form.
We are here to support and guide you through the BSC change process. If you would like to amend the BSC, please contact the BSC Change team by emailing ([email protected]).