Institute of Regulation
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| Formation | 2021 |
|---|---|
| Type | Professional organisation |
| Headquarters | 1 Hardman Street Manchester, M3 3EB, UK |
| Location | |
Chair | Marcial Boo |
| Website | [1] |
The Institute of Regulation (IoR) is a British membership organisation which promotes good practice in regulation through professional development, events, research and networking.[1]
Established in 2021, by 2024 the Institute's membership network extended to over 500 individuals, regulators, and regulatory experts. This includes roughly a quarter of UK regulatory bodies, 13 affiliate members from the commercial and third sectors, and over 150 global members.[2]
The institute is a charitable not-for-profit company, registered with Companies House (13628098).[3]
Objectives and Mission Statement[edit]
The Institute was established to 'provide resources and a professional network for everyone working in and/or interested in regulation'.[4]Its objectives are:
- To promote and provide education and training in the theory and practice of regulation.
- To research, develop and promote good practice in regulation.
The IoR's stated mission is to 'bring sector-specific knowledge sharing for best practises and improved value, and provide a framework for policy innovation, collaboration and improved public services'.
Membership Benefits[edit]
Members of the IoR receive access to events, an annual conference, special interest groups, training resources, news, a job portal, and 'The Regulation Podcast'.
History[edit]
The Institute grew out of an informal network of 35 non-financial regulators who began meeting in 2019. This group identified the opportunity to establish a formal professional body for the UK's 120+ regulators in order to share good practice and improve the process and quality of regulation.[5] The institute established peer-to-peer exchanges across regulatory domains and a network of diverse academic, expert, and regulatory practitioners to encourage debate on regulatory theory and practice. In 2024, the Institute published a guide to good regulation.[6]
The expertise of the Institute's network has been recognised in Parliament, and its written evidence to the Industry and Regulators Committee was cited in their 2024 report 'Who watched the watchdogs. [7] The Institute was invited by the UK Government to sit on its Regulation Council.[8][9]
References[edit]
- ↑ "'Regulators need to be thick-skinned': Former senior civil servant Marcial Boo is on a mission to professionalise the regulatory sector". Civil Service World. 13 September 2024.
- ↑ "Written evidence from the Institute of Regulation". Industry and Regulators Committee, House of Lords.
- ↑ "INSTITUTE OF REGULATION". Companies House. GOV.UK.
- ↑ "About Us". Institute of Regulation.
- ↑ "Written evidence from the Institute of Regulation". Industry and Regulators Committee, House of Lords.
- ↑ "Good Regulation Getting the best from regulation for the benefit of the UK economy and society" (PDF). Institute of Regulation.
- ↑ "Who watches the watchdogs? Improving the performance, independence and accountability of UK regulators". Industry and Regulators Committee, House of Lords.
- ↑ "Smarter regulation: Delivering a regulatory environment for innovation, investment and growth" (PDF). Department for Business and Trade.
- ↑ "Closing the gap: Getting from principles to practices for innovation friendly regulation". GOV.UK.
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