1. ROLE CLARITY –
43 THE GOVERNANCE OF REGULATORS © OECD 2014
Notes1. These functions are sometimes described as quasi-judicial.
2.
For more information, see Georgosouli (a.
3. For example, the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling (2011) described the combination within the then Mineral Management Service of revenue collection and regulation as Mixing Oil and Water (p. 64) and noted that for at least 15 years Directors of the Service focused mostly on royalty issues at the expense of offshore regulatory oversight (p. 76).
4. Changing technologies might lead to unanticipated gaps in regulatory regimes. For example, national or sub-national regulation that previously protected privacy through controls on publications might not be effective in a world where information that is anonymously published in another jurisdiction is much more readily available.
2. PREVENTING UNDUE INFLUENCE AND MAINTAINING TRUST –
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