Right-touch regulation describes the approach we adopt in the work we do. We encourage others to adopt it too.
Right-touch regulation means understanding the problem before jumping to the solution. It makes sure that the level of regulation is proportionate to the level of risk to the public.
It builds upon the principles of good regulation, identified by the Better Regulation Executive to which we added 'agility'. This means looking forward to anticipate change.
There are eight elements that sit at the heart of Right-touch regulation:
- Identify the problem before the solution
- Quantify and qualify the risks
- Get as close to the problem as possible
- Focus on the outcome
- Use regulation only when necessary
- Keep it simple
- Check for unintended consequences
- Review and respond to change.
Contact Dinah Godfree to discuss Right-touch regulation.
We revised Right-touch regulation in 2015. The revised edition and supporting documents are available below.