Source · Select Committees · Industry and Regulators Committee
Recommendation 6
6
Paragraph: 52
The evidence we received highlighted the value of regulatory independence.
Conclusion
The evidence we received highlighted the value of regulatory independence. Independence enables regulators to act flexibly in response to emerging challenges and allows them the freedom to speak truth to power. It also supports business confidence and investment by separating regulatory decisions from preferential political treatment and the electoral cycle.
Paragraph Reference:
52
Government Response
A response document is linked to this report, dated 16 May 2024. Response attribution to this conclusion has not been verified. Read the response document ↗