P oecd best Practice Principles for Regulatory Policy The Governance of Regulators

Document Outline

• Foreword
• Acknowledgements
• Table of contents
• Preface by the OECD Secretary-General
• Acronyms and abbreviations
• Executive summary
• Introduction
  • Setting the scene
  • The scope of this report
  • Improving outcomes through better governance
  • Implementation of the principles
  • A focus on the operate phase of regulation
  • Structure of this report
  • Notes
• Chapter 1. Role clarity
  • Principles for role clarity
  • Role clarity
  • Functions
  • Co-ordination
  • Notes
• Chapter 2. Preventing undue influence and maintaining trust
  • Principles for preventing undue influence and maintaining trust
  • Importance of regulatory integrity
  • Independence of regulators
  • When is an independent regulator most appropriate?
  • When is a ministerial regulator more appropriate?
  • Preventing undue influence
  • Maintaining trust indecision making
  • Notes
• Chapter 3. Decision making and governing body structure for independent regulators
  • Principles for decision making and governing body structure
  • Institutional governance arrangements for decision making
  • Decision-making model
  • Relationship between the responsible minister, governing body and CEO
  • Membership of the governing body
  • Notes
• Chapter 4. Accountability and transparency
  • Principles for accountability and transparency
  • Accountability and transparency to ministers and the legislature
  • Transparency of operational policies
  • Accountability to regulated entities and the public
  • Notes
• Chapter 5. Engagement
  • Principles for engagement
  • The relationship between engagement and governance
  • Regular, genuine and fit for purpose engagement
  • Avoiding capture and conflicts of interest
• Chapter 6. Funding
  • Principles for funding
  • Supports outcomes efficiently
  • Regulatory cost recovery
  • Costs of major and unanticipated court actions
  • Funding of external entities by regulators
  • Notes
• Chapter 7. Performance evaluation
  • Principles for performance evaluation
  • Measuring performance
  • Performance indicators
  • Performance evaluations
• Bibliography
• Glossary