Select committee: Industry and Regulators Committee
Conclusion 46
1st Report - Who watches the watchdogs? Improving the performance, independence and accountability of UK regulators
Published 8 Feb 2024
Paragraph 237
Industry and Regulators Committee UK Regulators All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Conclusion (the committee's words)
The transparency of regulators varies. Publishing large volumes of information, as some regulators do, is not the same as effective transparency. In fact, this approach can actively hinder scrutiny by burying key information, or by presenting it in inaccessible formats. We also note that regulators have limited incentives to highlight their own performance failures where they are not required to do so.
From: Industry and Regulators Committee, 1st Report - Who watches the watchdogs? Improving the performance, independence and accountability of UK regulators, paragraph 237, 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 ↗