Creating a Culture of Independence
Practical Guidance against Undue Influence
Regulators are the “referees” of markets that provide essential services to citizens;
they guarantee that all actors respect the rules and work to achieve the best outcomes.
This means that their behaviour must be objective, impartial, consistent and free
from conflict of interest – in other words, independent. Yet, regulators need to engage
with a number of stakeholders, who may also seek to apply pressure and exert undue
influence on regulatory outcomes. The independence of regulators is thus constantly
under stress. This report provides practical advice on how to address stress points
and protect economic regulators from undue influence, drawing on the experience of
over 80 regulators that participate in the OECD Network of Economic Regulators (NER).
It presents a practical checklist to support behavioural and organisational change,
and helps other stakeholders better understand and appreciate the role of regulators
and how to interact with them.
Published on April 26, 2017Also available in: Spanish, French
In series:The Governance of Regulatorsview more titles