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

Applying the principles – Preventing undue influence and maintaining trust

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Applying the principles – Preventing undue influence and maintaining trust PREVENTING UNDUE INFLUENCE Degree of independence • Can the regulatory function be effectively performed within a normal ministry decision- making structure, or does it require arm’s length distance to protect regulatory integrity • Is a degree of independence required Consider whether − there is a need for the regulator to be seen as independent, to maintain public confidence in the objectivity and impartiality of decisions − both government and non-government entities are regulated under the same framework and competitive neutrality is therefore required or − the decisions of the regulator can have a significant impact on particular interests and there is a need to protect its impartiality. Download 1.83 Mb. Share with your friends: