Ofwat amends all licences to take in its governance objectives

July 27, 2019

The licences of all 17 regulated water companies now contain a new condition to enshrine Ofwat's Board leadership, transparency and governance objectives.

 

The regulator amended licences on 22 July following a May consultation to which all companies gave their consent. Ofwat intends to introduce similar changes to the licence of Thames Tideway shortly.

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