Develop or document coordination of regulatory Up to date arrangements on regulator’s website and activities. in annual report. Establish or document a clear chain of accountability between regulators and departments involved in the regulatory regime. Develop or review monitoring and assurance regimes to ensure that regulatory objectives are being met. Cooperation among regulators Develop strategies to enhance information Report against participation in relevant exchange and capability development between portfoliobased forums or communities of practice. regulators. Provide examples of datasharing initiatives. Stakeholder consultation and engagement Establish and publish stakeholder consultation and Document communication activity undertaken by: engagement strategies. Strategies may include business category; developing websites, newsletters with sector communication tool used; specific or personalised information, onsite visits and the ground’ learning networks and ‘on list consultation documents and seminars. stakeholder surveys undertaken by the regulator. Conduct interviews and focus groups with representatives from regulated parties. Accountability and transparency Establish or improve operational performance Expectations around the publication of targets, reporting systems and processes. results and outcomes of regulator operational performance. Clear and consistent regulatory activities Review of quality control in regulatory practice Review administrative processes associated with development and improvement processes. regulation and develop process performance indicators to use in conjunction with efficiency and effectiveness performance indicators. The SOE letter SOEs under the SOE Framework will be developed by departments, taking into account the key opportunities identified in Good Regulatory Practice Plans (where these have been undertaken), and will be issued by Ministers to regulators. A pro forma SOE letter is provided at Attachment 2. To the maximum extent possible, performance improvements and targets contained in the SOE should be quantified and expressed in of outcomes rather than inputs or activities. Where applicable, performance improvements or targets can include data collection to inform future SOEs. As a guide, it is recommended that an SOE contain between five and 10 improvement measures and performance targets.
Develop or document coordination of regulatory activities. Establish or document a clear chain of accountability between regulators and departments involved in the regulatory regime. Develop or review monitoring and assurance regimes to ensure that regulatory objectives are being met. Up to date arrangements on regulator’s website and in annual report. Cooperation among regulators Develop strategies to enhance information exchange and capability development between regulators. Report against participation in relevant portfoliobased forums or communities of practice. Provide examples of datasharing initiatives. Stakeholder consultation and engagement Establish and publish stakeholder consultation and engagement strategies. Strategies may include developing websites, newsletters with sector specific or personalised information, onsite visits and ‘on the ground’ learning networks and seminars. Conduct interviews and focus groups with representatives from regulated parties. Document communication activity undertaken by: business category; communication tool used; list consultation documents and stakeholder surveys undertaken by the regulator. Accountability and transparency Establish or improve operational performance reporting systems and processes. Expectations around the publication of targets, results and outcomes of regulator operational performance. Clear and consistent regulatory activities Review of quality control in regulatory practice development and improvement processes. Review administrative processes associated with regulation and develop process performance indicators to use in conjunction with efficiency and effectiveness performance indicators. The SOE letter SOEs under the SOE Framework will be developed by departments, taking into account the key opportunities identified in Good Regulatory Practice Plans (where these have been undertaken), and will be issued by Ministers to regulators. A pro forma SOE letter is provided at Attachment 2. To the maximum extent possible, performance improvements and targets contained in the SOE should be quantified and expressed in of outcomes rather than inputs or activities. Where applicable, performance improvements or targets can include data collection to inform future SOEs. As a guide, it is recommended that an SOE contain between five and 10 improvement measures and performance targets.
Statement%20of%20Expectations%20Framework%20for%20Regulators%20April%202018.DOCX