Protecting customer credit in the event of a disorderly retail exit

The overall objectives of the project are, in the event a retailer makes a disorderly exit, to: - Gather options for protecting customers' monies; - Assess whether there is, or could be, a mechanism to provide recourse for retailers to recover the (reasonable) costs of honouring credit balances when taking over the supply of affected customers; - Recommend the most effective option(s) for protecting customers' monies and mitigating the exposure of the incoming retailer, including an assessment of any legal or regulatory changes that may need to be made to the existing framework, as appropriate. In order to achieve the overall objectives, the Customer requires that the following key tasks…

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