Compliance reporting

The AER’s Compliance and Enforcement Statement of Approach sets out our compliance and enforcement strategy in wholesale energy markets.

Our strategy includes:

  • market monitoring to identify compliance issues
  • targeted compliance reviews of a range of provisions to identify how participants comply with their obligations
  • general audits of compliance with certain provisions, including in response to market events or inquiries that raise compliance concerns
  • strategic projects that focus on longer term harms or risks, supported by metrics to measure our effectiveness
  • exception reporting, where regulated entities track and notify us of their own breaches
  • audits of compliance programs for technical performance standards
  • forums and other meetings with industry participants to discuss our approach to compliance
  • publication of wholesale market compliance reports (summarising our compliance activities) and compliance bulletins (when additional guidance on the rules is warranted).

A range of wholesale compliance reports are published.