Guidance

Local and national regulation: practice and context

Guidance and information for local authorities and national regulators.

The statutory Regulators’ Code provides a clear, flexible and principles-based framework for how regulators should engage with those they regulate. Nearly all non-economic regulators, including local authorities and fire and rescue authorities, must have regard to it when developing policies and procedures that guide their regulatory activities.

Regulators’ Code

The statutory growth duty requires regulators to have regard to the desirability of promoting economic growth, alongside the delivery of protections set out in relevant legislation. It applies to most national regulators but not local authorities nor fire and rescue authorities. This guidance clarifies how regulators can work in accordance with the growth duty.

Growth duty: statutory guidance

Aspects of effective regulatory systems are outlined in the following presentation. They include allocating finite resources on the basis of risks, using appropriate tools to reduce the risks targeted, and achieving clear outcomes.

Regulatory delivery model: outline presentation (MS Powerpoint Presentation, 320KB)

The first independent report below explores the issue of information sharing by regulators, while the second summarises the current evidence that supports how regulators should seek to affect the market behaviour of traders.

Local and national regulation: information sharing

Ethical business regulation: understanding the evidence

Further materials concerned with local and national regulation are available for reference in the following collection.

Local and national regulation: other resources

Published 19 September 2016
Last updated 18 October 2016 + show all updates
  1. Outline presentation of aspects of effective regulatory systems added to page.
  2. First published.