The information has been published in a Memorandum of Understanding (MoU) with the Intellectual Property Office (IPO) as part of the MCPS' commitment to the directive.
The CRM Directive aims to ensure that collective management organisations (CMOs) act in the best interests of the rightsholders they represent.
It outlines the following policy objectives: to modernise and improve standards of governance, financial management and transparency of EU CMOs; to promote a level playing field for the multi-territorial licensing of online music; and to create innovative and dynamic cross-border licensing structures to encourage further provision and take-up of legitimate online music services. The directive was implemented into UK law in April 2016.
While MCPS does not meet the definition of a CMO due to its ownership and management structure, it has consulted with the IPO regarding the CRM Directive's requirements.
The organisation wishes to show its commitment to the directive's principles by setting out publicly the ways in which it either achieves or strives toward alignment with the UK regulations to the extent that is possible given the ownership structure of MCPS.
Ros Lynch, director of Copyright and Enforcement said: ‘We welcome the conclusion of this MoU, which gives valuable clarity to MCPS’s members and users about the standards they can expect. We look forward to continuing to work with MCPS to monitor their progress.’
Jane Dyball, MCPS chief executive officer, said: ‘MCPS wholeheartedly welcomes the CRM Directive’s principles of transparency, representativeness, accountability, efficiency and fairness and fully appreciates the commitment shown by the IPO in ensuring full compliance with those principles throughout our industry.’
The IPO has agreed to monitor MCPS’s compliance with the statements set out in the MoU. MCPS welcomes the directive as a framework for its efforts to continually improve its own standards.