A serious oversight
The UK needs a change in its regulatory environment, making its regulators more accountable to Parliament and the public. It could do a lot worse than taking a look at the US system for guidance, says Neil Gerrard
UK regulators need to be more accountable to Parliament and the public. That is the key finding of a report written by the Parliamentary think tank, the Hansard Society and sponsored by DLA. In the past 25 years, a plethora of ‘arm’s length’ executive agencies and regulatory bodies have been established by successive governments.
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