Policy paper

Regulatory Futures Review

This review is the first of a series of functional reviews of arm’s length bodies and was led and carried out by regulators.

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UK regulatory practice is highly regarded worldwide, and regulation of the private sector is generally seen as having improved over the past decade as a result of successive government initiatives and regulators’ own efforts.

This Regulatory Futures Review arose from a view among regulators that significant improvements in operational efficiency could be found by sharing good practice between regulators and developing more collaborative working models, and that this would help achieve ambitious spending review targets.