Being An Independent Regulator
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The Governance Of Regulators Being An Independent Regulator
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2016-07-19
The Governance Of Regulators Being An Independent Regulator written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-19 with categories.
This report identifies the critical points where undue influence can be exercised at different moments in the life of a regulator and discusses some of the avenues for developing a culture of independence, including through interactions with stakeholders, staffing and financing.
Should Financial Sector Regulators Be Independent
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Author : Mr.Marc Quintyn
language : en
Publisher: International Monetary Fund
Release Date : 2004-03-08
Should Financial Sector Regulators Be Independent written by Mr.Marc Quintyn and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-03-08 with Business & Economics categories.
In nearly every major financial crisis of the past decade-from East Asia to Russia, Turkey, and Latin America-political interference in financial sector regulation helped make a bad situation worse. Political pressures not only weakened financial regulation, but also hindered regulators and supervisors from taking action against troubled banks. This paper investigates why, to fulfill their mandate to preserve financial sector stability, financial sector regulators and supervisors need to be independent-from the financial services industry as well as from the government-as well as accountable.
A New Regulatory Framework Report On Selected Independent Regulatory Agencies
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Author : United States. President's Advisory Council on Executive Organization
language : en
Publisher:
Release Date : 1971
A New Regulatory Framework Report On Selected Independent Regulatory Agencies written by United States. President's Advisory Council on Executive Organization and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with Independent regulatory commissions categories.
Defining The Public Interest In Regulatory Decisions
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Author : Jeffrey Church
language : en
Publisher:
Release Date : 2017
Defining The Public Interest In Regulatory Decisions written by Jeffrey Church and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Deregulation categories.
"Canada's public utility regulators - in sectors ranging from energy to telecommunications ? are under attack. Regulators and their decisions have been subject to withering commentary, hostility, disbelief, contempt and even disobedience. Many of the concerns regarding regulation arise because their enabling legislation does not clearly articulate the purpose of regulation. The goal of regulation should be to maximize the value of production from Canada?s scarce resources, its land, natural resources, capital, and labour. The only goal of regulation should be economic efficiency: maximizing the wealth of the nation. But, it usually is not. In circumstances when markets do not deliver efficiency, for instance when firms degrade the environment without paying or have monopoly power, intervention by an independent regulator can promote investment, economic growth, and rising standards of living. For intervention to be more likely to have these positive effects, the sole mandate of the regulator needs to be promoting efficiency. Instead, many governments provide regulators with a vague mandate to act in the public interest, or multiple, often conflicting objectives. That leaves regulators with far too much latitude to be influenced by lobbying, rent seeking, and political influence. Indeed, to minimize the potential for exchanges between politicians and special interest groups involving favourable policy in return for cash and votes, it is important that governments delegate regulatory decisions to independent regulators (handcuffed by an efficiency mandate), and not leave regulatory decisions to politicians. Issues such as income distribution are too important for governments to delegate to autonomous unelected regulators. The issue of the appropriate distribution of income, which fundamentally involves taking from one group of citizens and giving to another, should be determined in the political process. Regulatory processes are not a substitute forum for the expression of preferences over the distribution of income and resource development. Some of today's social frustration with regulation is a result of it being asked to decide whose preferences are more worthy, a task for which regulators are ill-suited. Instead, regulators with an efficiency mandate would focus only on aggregate costs and benefits. Such a renewed focus would have important, beneficial, implications for the practice of regulation. An advantage to society of an economic efficiency mandate is that a regulator can more readily resist demands that, in the short run, have immediate benefits for some, but in the long run destroy the incentive for investment and wealth creation. It is time that governments across Canada refocus regulators with an explicit and singular mandate to improve economic efficiency."--Page [1].
Regulating Charities
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Author : Myles McGregor-Lowndes
language : en
Publisher: Routledge
Release Date : 2017-04-07
Regulating Charities written by Myles McGregor-Lowndes and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-07 with Business & Economics categories.
In this volume charity commissioners and leading charity policy reformers from across the world reflect on the aims and objectives of charity regulation and what it has achieved. Regulating Charities represents an insider’s review of the last quarter century of charity law policy and an insight for its future development. Charity Commissioners and nonprofit regulatory agency heads chart the nature of charity law reforms that they have implemented, with a ‘warts and all’ analysis. They are joined by influential sector reformers who assess the outcomes of their policy agitation. All reflect on the current state of charities in a fiscally restrained environment, often with conservative governments, and offer their views on productive regulatory paths available for the future. This topical collection brings together major charity regulation actors, and will be of great interest to anyone concerned with contemporary third sector policy-making, public administration and civil society.
Handbook For Evaluating Infrastructure Regulatory Systems
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Author : Ashley C. Brown
language : en
Publisher: World Bank Publications
Release Date : 2006-01-01
Handbook For Evaluating Infrastructure Regulatory Systems written by Ashley C. Brown and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-01-01 with Business & Economics categories.
More than 200 new infrastructure regulators have been created around the world in the last 15 years. They were established to encourage clear and sustainable long-term economic and legal commitments by governments and investors to encourage new investment to benefit existing and new customers. There is now considerable evidence that both investors and consumers-the two groups that were supposed to have benefited from these new regulatory systems-have often been disappointed with their performance. The fundamental premise of this book is that regulatory systems can be successfully reformed only if there are independent, objective and public evaluations of their performance. Just as one goes to a medical doctor for a regular health checkup, it is clear that infrastructure regulation would also benefit from periodic checkups. This book provides a general framework as well as detailed practical guidance on how to perform such "regulatory checkups."
Regulatory Policy And Governance Supporting Economic Growth And Serving The Public Interest
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2011-10-25
Regulatory Policy And Governance Supporting Economic Growth And Serving The Public Interest written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-25 with categories.
This report encourages governments to “think big” about the relevance of regulatory policy and assesses the recent efforts of OECD countries to develop and deepen regulatory policy and governance.
Oecd Regulatory Enforcement And Inspections Toolkit
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2018-08-08
Oecd Regulatory Enforcement And Inspections Toolkit written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-08 with categories.
How regulations are implemented and enforced, and how compliance is ensured and promoted, are critical determinants of whether a regulatory system is working as intended. Inspections are one of the most important ways to enforce regulations and to ensure regulatory compliance. Based on the 2014 ...
Measuring Regulatory Performance A Practitioner S Guide To Perception Surveys
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2012-01-16
Measuring Regulatory Performance A Practitioner S Guide To Perception Surveys written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-16 with categories.
This guide helps officials use perception surveys for evaluating and communicating progress in regulatory reform. It explains the challenges involved in the design and use of business and citizen perception surveys – and ways to overcome them.
Law And The Regulators
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Author : Tony Prosser
language : en
Publisher: Oxford University Press
Release Date : 1997
Law And The Regulators written by Tony Prosser and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
This book will, for the first time, offer a comprehensive analysis of the legal duties which apply to the regulators of privatized industries, transport, civil aviation and independent television in the United Kingdom, with detailed accounts of how these duties have been put into practice bythe regulators. There is an assessment of the philosophy behind these principles, and an account of the principles which can be derived from the law of the European Union, which are relevant to regulators' work. Particular emphasis is placed on the interaction of the encouragement of competition,the encouragement of economic efficiency and the implementation of social goals such as the provision of universal public service, and the way in which these various principles interact.