The Governance of Regulators

This publication provides guidance on the institutional arrangements for regulators.
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Accountability and transparency
Businesses and citizens expect the delivery of regulatory outcomes from government and regulatory agencies, and the proper use of public authority and resources to achieve them. Regulators are generally accountable to three groups of stakeholders: i) ministers and the legislature; ii) regulated entities; and iii) the public. This chapter provides guidance on the accountability structures and transparency mechanisms that should be in place for effective regulators.
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