Examination of Witnesses (Questions 160
- 161)
TUESDAY 7 JULY 2009
IAN LUCAS
MP, MR JITINDERKOHLI
AND MR
PHILIP RYCROFT
Q160 Gordon Banks:
Would you agree that one of the overarching ambitions must be
to see the regulated seeing the regulator as a partner instead
of someone who is out there to get them and going to cost them
a lot of money and therefore they will tell them what they need
to tell them and what they do not need to tell them they will
not tell them?
Mr Kohli: I have two observations
on that. One is the very valuable questions you were asking on
communications earlier and how do we get the message out on the
good things that are happening. Indeed, we have bought for the
Committee a set of materials that we are using to communicate
out to businesses which you may be interested in. The other thing
to mention, I suppose, is that we have a public indicator to improve
the perception of business in relation to regulation. It is a
little bit more complicated than asking is there more or less
regulation because we have talked about that one before. It is
about do you think regulation is fair and proportionate, which
very much gets to the heart of your question around partnership
and trust between regulators and the regulated.
Q161 Chairman:
We presume this note will include details of the MPs' hotline
that the Minister has just perhaps alluded to! On that note can
we thank you very much for your attendance and your very frank
responses to our questions. Again, can I say, Mr Kohli, we wish
you well in your future career and, Mr Lucas and Mr Rycroft, we
look forward to working with you in the next session. Thank you
very much.
Ian Lucas: Thank you very much.
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