Independent audits ensure that members of Flex Assure are complying with all aspects of the Code. They also allow the Flex Assure Committee to assess the impact and effectiveness of the requirements of the Code. All audits are be conducted by independent auditors.
Flex Assure members are audited periodically, such that any Scheme Member is audited once every two years, unless risk factors for customer detriment are reported or identified, in which case audits may be conducted more frequently, as defined in the Scheme Bye-Laws.
Audit Guidelines for Scheme Members are available here.