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Supplementary document: the growth duty performance framework

PDF, 207 KB, 11 pages

Supplementary document: summary of findings from the smarter regulation and the regulatory landscape call for evidence

PDF, 451 KB, 40 pages

Details

This paper outlines the government’s goal of instilling a culture of ‘world-class service’ in how regulators and government operate to deliver the best outcomes for businesses, consumers and society.

Reforms include:

for the first time, defining what constitutes a regulator of business and introducing a ten guiding principles of smarter regulation that we expect these regulators to apply in their day-to-day decision making
developing a ‘register of regulators’, as part of our ambition for a ‘one-stop-shop’ of regulatory information so that anyone can find out which regulators and regulations apply to their business
launching a new Regulators Council to improve the strategic dialogue between regulators and government, alongside monitoring the effectiveness of policy and strategic guidance issued
a new Share Once Support Register which will mean vulnerable customers only need to register with energy, telecoms and water companies once to access extra help with billing and in emergency situations
a new Growth Duty Performance Framework to enhance transparency and accountability, by asking regulators to provide evidence on how they are supporting economic growth

Published 16 May 2024

Smarter regulation: delivering a regulatory environment for innovation, investment and growth

Documents