Welcome to the spring edition of The Standard
Albert Einstein said, ‘everything should be made as simple as possible, but not simpler’.
In the aftermath of the election changes are bound to follow and regulation is no exception. In Research and Policy we outline the legislative changes already in train that affect the regulators’ work and ours. We have already begun to think in Einsteinian vein about applying the ‘Keep it Simple’ step in Right-touch regulation to our new work Rethinking Regulation.
Meanwhile, as we explain in Regulatory News, complaints to the regulators continue to rise, as do the number of cases we consider. We are consulting on changes to the way we assess the performance of the regulators. We highlight an appeal case which links to professionals’ responsibilities under the Duty of Candour.
Catch up on our work and read our Viewpoint articles by Harry Cayton on the value of collaborating with regulators internationally, reflections on regulation by former Board member Sally Irvine and my thoughts on why we need to rethink regulation.
Director of Standards and Policy