Energy Trading Settlement Compliance Checklist
Ensure seamless and compliant energy trading settlements. Our checklist helps you mitigate risk, meet regulatory requirements, and optimize your trading processes. Download now!
This Template was installed 0 times.
Trade Confirmation & Validation
Ensuring accuracy and completeness of trade confirmations received from counterparties.
Trade ID
Trade Type
Trade Date
Trade Time
Quantity
Unit of Measure
Price
Price Unit
Delivery/Allocation Instructions
Verification of correct delivery/allocation instructions and adherence to contractual obligations.
Delivery Point Confirmation
Allocated Quantity (Units)
Allocation Start Date
Allocation Start Time
Delivery Method Confirmation
Special Delivery Instructions (if applicable)
Delivery Location Verification
Nomination & Scheduling
Reviewing and confirming proper nomination and scheduling of energy transfers.
Nomination Date
Nomination Time
Nominated Volume (MW/MMBtu)
Delivery Point
Scheduling Method
Nomination Justification/Notes
Settlement Instructions & Payment Processing
Validation of settlement instructions and confirmation of accurate payment processing.
Payment Method
Invoice Amount
Payment Amount
Currency
Payment Due Date
Actual Payment Date
Payment Notes
Market Data Reconciliation
Reconciling market data used for settlement against internal records and counterparty confirmations.
Settlement Price (Benchmark)
Settlement Quantity
Volume Differences (if any)
Price Differences (if any)
Data Source Verification (e.g., ICE, Bloomberg)
Date of Market Data Extraction
Comments/Discrepancy Notes
Position Reconciliation
Verification of accurate trading positions and reconciliation with counterparties.
Initial Position Quantity
Trades Executed (Net)
Deliveries/Allocations
Adjustments (e.g., corrections)
Final Position Quantity
Counterparty Agreement Status
Notes on Reconciliation Discrepancies
Reconciliation Date
Regulatory Reporting Compliance
Ensuring compliance with relevant regulatory reporting requirements for settlement activities.
Reporting Standard Applied
Reporting Period Start Date
Reporting Period End Date
Total Volume Reported (e.g., MWh)
Reporting Status
Comments/Notes (if applicable)
Credit Risk Management
Monitoring and managing credit risk exposure related to settlement transactions.
Counterparty Credit Exposure Limit
Last Credit Review Date
Credit Rating Agency
Credit Rating Score
Summary of Credit Risk Assessment
Collateral Requirements
Margin Call Threshold (%)
System Access & Security
Reviewing system access controls and security measures related to settlement processes.
Multi-Factor Authentication Enabled?
Access Reviews Performed?
Number of Users with Settlement System Access
Last Password Reset Policy Review Date
Principle of Least Privilege Applied?
Description of Security Incident Response Plan
Documentation & Audit Trail
Maintaining complete and accurate documentation of all settlement activities for audit purposes.
Document Creation Date
Time of Document Creation
Summary of Settlement Activity
Settlement Confirmation Document
Document Review Status
Reviewer Signature
Document Version Number
Energy Management Solution Screen Recording
Optimize your energy asset performance and drive operational efficiency with ChecklistGuro’s Energy Management Solution. This screen recording showcases key features for tracking generation, distribution, and consumption - streamlining your energy lifecycle. #EnergyManagement #EnergyIndustry #AssetManagement #ChecklistGuro #BPM #OperationalEfficiency
Related Checklist Templates
Energy Consumption Reduction Checklist Template
Smart Grid Deployment Verification Checklist Template
Energy Audit Reporting Compliance Checklist
Biofuel Production Facility Inspection Checklist Template
Energy Sales Contract Compliance Checklist
Energy Cybersecurity Risk Assessment Checklist Template
Energy Project Change Management Checklist Template
Energy Data Governance Checklist Template
Energy Market Participant Compliance Checklist
Energy Storage System Performance Checklist Template
We can do it Together
Need help with Checklists?
Have a question? We're here to help. Please submit your inquiry, and we'll respond promptly.