Regulatory policy

The Governance of Regulators

In series:OECD Best Practice Principles for Regulatory Policyview more titles

Published on July 29, 2014

Also available in: French

book

This publication provides guidance on the institutional arrangements for regulators.

TABLE OF CONTENTS

Foreword and Acknowledgements
Preface by the OECD Secretary-General
Acronyms and abbreviations
Executive summary
Introduction
Role clarity
Preventing undue influence and maintaining trust
Decision making and governing body structure for independent regulators
Accountability and transparency
Engagement
Funding
Performance evaluation
Bibliography
Glossary
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BEST PRACTICE PRINCIPLES

As one of the main actors in regulatory policy, regulators have an important and increasingly complex role in the delivery of regulatory regimes and regulations. The governance arrangements for regulators are a key factor in a regulator’s ability to operate effectively to achieve the social, environmental and economic outcomes it is responsible for. 

 

To assist countries in translating this recommendation into practice, the OECD developed Best Practice Principles for the Governance of Regulators that reflects public consultation and key inputs from OECD member and non-member countries. The Principles address the different facets of a regulator’s governance and identify the best or good practices for:

  1. Role clarity
  2. Preventing undue influence and maintaining trust
  3. Decision-making and governing body structure for independent regulators
  4. Accountability and transparency
  5. Engagement
  6. Funding
  7. Performance evaluation 

Countries and regulators are already building on the principles for their work. See, for example: 

 

CONTACT

Mr. Faisal Naru, Senior Economic Adviser, OECD