Select committee: Industry and Regulators Committee

Conclusion 35

1st Report - Who watches the watchdogs? Improving the performance, independence and accountability of UK regulators Published 8 Feb 2024 Paragraph 194
Conclusion (the committee's words)
There is some merit in the idea, expressed by several witnesses, of a new joint committee to scrutinise all regulators. However, it is not clear to us that a new committee would avoid the constraints that have hindered other committees, including this Committee, from undertaking systematic and routine scrutiny of all regulators. To perform such a major undertaking adequately, any new committee would need access to significant additional resources and expertise, well beyond that of a typical parliamentary committee.

From: Industry and Regulators Committee, 1st Report - Who watches the watchdogs? Improving the performance, independence and accountability of UK regulators, paragraph 194, 8 February 2024

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 ↗