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Term Definition Document Last updated
Management Procedure The combination of pre-defined data, together with an algorithm to which such data are input to provide a value for a TAC or effort control measure; this combination has been demonstrated, through simulation trials, to show robust performance in the presence of uncertainties. Additional rules may be included, for example to spread a TAC spatially to cater for uncertainty about stock structure. CoC; CoCCR; FCP; FS; GCR; Obj
Management review Review carried out by the top management of an entity on its own organisational units to determine the ongoing suitability of its management systems to meet its desired objectives. CoC; CoCCR; FCP; FS; GCR; Obj
Management Strategy Evaluation A process whereby the performances of alternative harvest strategies are tested and compared using stochastic simulations of stock and fishery dynamics against a set of performance statistics developed to quantify the attainment of management objectives. CoC; CoCCR; FCP; FS; GCR; Obj
Management System The framework of processes and procedures used to ensure that an organisation can fulfil all tasks required to achieve its objectives. In a fisheries context includes agencies involved in the management of the fishery, the legislative framework within which the fishery is undertaken, and the core management measures implemented (including the TAC for the fishery for which certification is sought). CoC; CoCCR; FCP; FS; GCR; Obj
Maximum Sustainable Yield The highest theoretical equilibrium yield that can be continuously taken (on average) from a stock under existing (average) environmental conditions without affecting significantly the reproduction process. CoC; CoCCR; FCP; FS; GCR; Obj
May A permitted course of action, within the limits of the standard. CoC; CoCCR; FCP; FS; GCR; Obj
MCS Monitoring, control and surveillance. CoC; CoCCR; FCP; FS; GCR; Obj
MP See: Management Procedure. CoC; CoCCR; FCP; FS; GCR; Obj
MP (Implicit) A set of rules for management of a resource that contains the elements of an MP but has not yet been evaluated through simulation trials. CoC; CoCCR; FCP; FS; GCR; Obj
MP Approach Management of a resource using a fully specified set of rules incorporating feedback control; the approach is explicitly precautionary through its requirement for simulation trials to have demonstrated robust performance across a range of uncertainties about resource status and dynamics. CoC; CoCCR; FCP; FS; GCR; Obj
MSC Marine Stewardship Council. CoC; CoCCR; FCP; FS; GCR; Obj
MSC accredited certification body See: Conformity assessment body. CoC; CoCCR; FCP; FS; GCR; Obj
MSC Appointed Assurance Provider (also ‘Assurance Provider’) Oversight body appointed by MSC to provide assurance services through the ASI Two-Tier Assurance Program CoC; CoCCR; FCP; FS; GCR; Obj
MSC Certification See: Certified. CoC; CoCCR; FCP; FS; GCR; Obj
MSC Chain of Custody Standard A document containing mandatory requirements for supply chain companies seeking MSC Chain of Custody (CoC) certification. The MSC owns the Chain of Custody Standard: Default Version and 2 variants. These are the Chain of Custody Standard: Group Version, and the Chain of Custody: Consumer-Facing Organisations (CFOs) Version. Depending on a client’s eligibility, the CAB will audit a client against the Default version or one of the variants. These standards can be found at https://www.msc.org/for-business/certification-bodies/chain-of-custody-program-documents CoC; CoCCR; FCP; FS; GCR; Obj
MSC Ecolabel The Type III Environmental Label trademarked by MSC and licensed for use on products and to promote products certified by a certification body accredited to the MSC certification scheme. An ‘ingredient brand’ that reassures customers that independent, third party certification has been carried out to demonstrate the product comes from a sustainable fishery. CoC; CoCCR; FCP; FS; GCR; Obj
MSC eligible fish Whole fish or product that are, or are derived from, any aquatic organism harvested in an MSC certified fishery, as defined in the Unit of Certification of a valid MSC certificate. CoC; CoCCR; FCP; FS; GCR; Obj
MSC Fisheries Standard A document containing mandatory requirements for fisheries seeking MSC Fisheries certification. This standard can be found at https://www.msc.org/for-business/certification-bodies/fisheries-standard-program-documents CoC; CoCCR; FCP; FS; GCR; Obj
MSC P&Cs See: MSC Principles and Criteria. CoC; CoCCR; FCP; FS; GCR; Obj
MSC Principles and Criteria The MSC Principles and Criteria for Sustainable Fishing. CoC; CoCCR; FCP; FS; GCR; Obj

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