In October, we reconvened the Perseus Legal & Policy Advisory Group, co-chaired by Pinsent Masons and Innovate Finance.

Date: 17th October 2024 10:00-11:30 BST

Location: online

Co-Chairs: 

  • Chris Martin, Pinsent Masons
  • Adam Jackson, Innovate Finance – represented by Emily Judson, IB1

Secretariat: IB1

Meeting Aims

  1. Endorse the user facing text
  2. Provide updates on ongoing work
  3. Sign-off remaining items for 2024
  4. Discuss how to refine group moving forwards into 2025

Summary:

  • It was agreed that there will be an ad-hoc working group to discuss what the data licence will look like for the pilot
  • It was noted that all Perseus Scheme members will be required to:
    • Join the Core Trust Framework prior to Scheme participation
    • Sign the Scheme Definition prior to participation
  • It was noted that following the pilot phase, there is a need to diversify the representation across the Advisory Group 
    • It was discussed that there is the option to split the group back into AG3 and 5 with similar attendees but different goals. There is a need to distinguish between policy requests and the legal and licensing work. 
  • Following discussions surrounding the transparency and informed consent of the data chain, it was noted that the permissions structure will be centered around a master consent and reconfirmation. 
    • The main consent will be managed by the carbon accounting platform with the text presented to the user at the point of reconnection being identical, the reconfirmation of consent with all the conditions will be shared with the bank. 
    • Where an SME selects multiple banks, at the point the link is confirmed and the bank is named, the transparency is there.
  • It was noted that consistency is needed across all forms of communication and there was discussion surrounding how AG4 can work with AG3 to help ensure this consistency across user and customer communications. 
  • There was discussion surrounding the proposed data licence text and members were:
    • Introduced to the core content within the data licence text 
    • Familiarized with the legal and binding structures across the Perseus ecosystem
    • Asked to vote on the current version of the user facing text based on the parameters of the pilot
  • The encoding of responsibilities for handling data structure queries was discussed and There is an open question as to who takes on the responsibility for directing and handling Data Subject requests and as to what we needs to be considered surrounding SMEs 

Voting outcomes will be updated shortly.

Next meeting: 2025 date TBC

Formal records are maintained by the secretariat. These are confidential to the Advisory Group Members.