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Standardisation of Indebtedness Ratio Reporting

26 - Standardisation of Indebtedness Ratio Reporting

  • Proposer
  • Status Closed
  • Urgent No
  • Synopsis

    Currently when distributors are required to report under the requirements of Schedule 1 of DCUSA the information provided and the means of delivery are different across the differing companies. This proposal seeks to standardise the information provided (see attachment) and the means of its delivery. The proposal does not seek to change when distributors report following a trigger event neither does it seek to place an obligation on distributors to provide information that is not within their remit to provide to the supplier.

    DCUSA Impact:

    • Schedule 1 Cover, Sections 2.17 & 2.18
    • Schedule 1 Cover, Sections 3.2.