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Latest trends in Enforcement and Inspection Reforms: Prosperity and Protection

Latest trends in Enforcement and Inspection Reforms: Prosperity and Protection. Age of austerity - implications for regulation Can regulation support growth? UK Government approach Towards a model for Inspection Reform. UK GDP Growth 2005 - 2014. UK austerity measures 2010 - 2018.

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Latest trends in Enforcement and Inspection Reforms: Prosperity and Protection

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  1. Latest trends in Enforcement and Inspection Reforms: Prosperity and Protection

  2. Age of austerity - implications for regulation Can regulation support growth? UK Government approach Towards a model for Inspection Reform

  3. UK GDP Growth 2005 - 2014 UK austerity measures 2010 - 2018 From peak to trough the UK economy shrank by 7.2%

  4. Demand Impact of Austerity Regulated Information Policies and priority setting Regulation and advice Education Influence and feedback

  5. Can regulation support growth?

  6. Regulation and Growth

  7. Regulatory Reform in the UK

  8. Rule making • Reduction of unnecessary burdens on business • Change in policy making culture - regulation only when necessary • One in one out • Red Tape Challenge • Alternatives to regulation • Regulatory impact assessment Regulatory Delivery • Reduction of unnecessary burdens on business • Risk based, targeted, proportionate • Change in culture • Better inspections • Consistent enforcement • Alternatives to enforcement • Measuring impact on compliance

  9. Results • Through one-in, One-out and One-in, Two-out, the Government has delivered combined net annual savings to business of 1.19 billion. • There has been a continuing fall in the number of businesses that see regulation as an obstacle to business success – from 62% in 2009 to 51% in 2014 • The Red Tape Challenge has identified over 3,000 regulations to scrap or improve. Once implemented, this will deliver annual savings of over £850 million to business.

  10. Making Whitehall machine work EU and Ministerial engagement Engagement with Behavioural Insights Team Simplifying regulatory delivery & PA Engagement with regulators & business Assessment of IAs, policy options Encouraging dept ownership Landscape review approach Owning the IA process Feedback from business & regulators Policy advice on delivery considerations PIRs 1. Regulatory Policy 6. Evaluation Providing a forum for business engagement Providing a forum for business engagement 2. Problem Identification 2. Problem Identification The Regulatory Policy Cycle: respective roles of BRE, BRDO and RPC 3. Developing Options 5. Delivery 4. Recommendations to Ministers

  11. Sustainable improvement in delivering regulation Rules Accountability to business Frameworks Performance Management Culture/Competency Leadership Values

  12. Sustainable improvement in delivering regulation Primary Authority Better Business for All Business Reference Panel Rules Regulators’ Code Accountability to business Performance Monitoring Focus on Enforcement Service standards Frameworks Performance Management Fees & charges Priority Regulatory Outcomes Data Sharing Impacts & Outcomes Risk Frameworks Leadership skills Competency framework Growth Duty Culture/Competency Leadership Business planning Professional development Strategic risk Core skills Values

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