Annex 1
PRINCIPLES OF
GOOD REGULATION
— Proportionate: Regulators should
only intervene when necessary. Remedies should be appropriate
to the risk posed, and costs identified and minimised.
— Accountable: Regulators must be able
to justify decisions, and be subject to public scrutiny.
— Consistent: Government rules and
standards must be joined up and implemented fairly.
— Transparent: Regulators should be
open, and keep regulations simple and user friendly.
— Targeted: Regulation should be focused
on the problem, and minimise side effects.
http://www.brc.gov.uk/pub1ications/principlecsentry.asp
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