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Good practice guidance Principles of effective regulation
Our guide is intended to complement, not supplant, existing government guidance such as on appraisal of proposed regulatory measures. Our principles are those we would expect to see supporting the design, operation and learning cycle of effective regulation and high-performing regulators. What is the guide about? Who this guide is aimed at:
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Principles of effective regulation
Examples include: the Medicines and Healthcare products Regulatory Agency’s (MHRA’s) use of a rolling review process to speed up vaccine authorisation without compromising on safety; cross-government eforts to identify and enact regulatory easements to support the COVID-19 recovery; and collaboration between the Health and Safety Executive (HSE)...
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Principles of Good Regulation - RQIA
Regulators should only intervene when necessary. Remedies should be appropriate to the risk posed, and costs identified and minimised. Policy solutions must be proportionate to the perceived problem or risk and justify the compliance costs imposed – don’t use a sledgehammer to crack a nut.
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Principles of good regulation - ICAEW
What are the different regulatory approaches taken in the UK and what makes for good regulation? Government tries to change behaviours or control activity in pursuit of its policy objectives in a variety of ways, each of which could be regarded as regulatory in nature.
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Principles of effective regulation - Committee of Public Accounts
Examples include: the Medicines and Healthcare products Regulatory Agency’s (MHRA’s) use of a rolling review process to speed up vaccine authorisation without compromising on safety; cross-government efforts to identify and enact regulatory easements to support the COVID-19 recovery; and collaboration between the Health and Safety Executive (HSE...
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Principles of Effective Regulation - Major Projects Association
Regulation can take various forms ranging from strict and prescriptive rules and enforcement to lighter-touch incentives through guidance and codes of practice.
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Principles of Effective Regulation, 14 June
“When you are setting your regulation and talking to the regulators, how do you encourage good behaviour? How do you drive innovation, and how do you drive new firms coming into a particular sector?”
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CHARACTERISTICS OF EFFECTIVE REGULATORS
ing Infrastructure Regulatory Systems, The World Bank, 2006, pp. 59-63. CHARACTERISTICS OF EFFECTIVE REGULATORS R. OBERT . E. RIC . B. ORGSTRÖM. Robert Eric Borgström . is a senior advi-sor in energy and water regulatory policy and management with over 40 years of management and international consulting experience with utilities and ...
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NSW Government Guide to Better Regulation - New South Wales Treasury
Good regulation is essential to enabling effective competition, and enhanced choice, quality, innovation, flexibility and responsiveness. It enables healthy and dynamic private and public sectors and improves the wellbeing of consumers and the wider community. The Guide is set out in several parts:
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EFFECTIVE REGULATION - CFA UK
Effective regulation involves the design of policies, rules and laws that are thoroughly supervised and supported by the credible threat of enforcement to produce an intended or expected result. Such results can be investor protection, more efficient capital markets or the reduction of systemic risk, to name but a few.