Regulatory Reform Committee press notice

Session 2008-09 1 April 2009

Inquiry into Themes and Trends in Regulatory Reform - ORAL EVIDENCE SESSIONS


The Regulatory Reform Committee has arranged the following oral evidence sessions for its inquiry.

Date / Time
Tuesday 28 April at 10.05 am

Witnesses: Tim Ambler, Senior Fellow, London Business School / Federation of Small Businesses (FSB) / Institute of Directors (IoD) / Rick Haythornthwaite, Chairman, Risk and Regulation Advisory Council

Date / Time
Tuesday 12 May at 9.35 am

Witnesses:
9.35: - Financial Services Authority
10.15: - Association of British Insurers (ABI) / Association of Chartered Certified Accountants (ACCA) / EEF

Date / Time
Tuesday 23 June at 9.35 am

Witness: Lord Carter, Minister with responsibility for Regulatory Reform, Department for Business Enterprise and Regulatory Reform

Location: Committee Room 19, Upper Committee Corridor, House of Commons

The sessions will be open to the public on a first come, first served basis. There is no system for the prior reservation of seats in Committee Rooms. It is advisable to allow about 20 minutes to pass through security checks. Committee rooms and the timing of meetings are subject to change. Those interested in attending the session should check the venue by contacting the House of Commons Information Office on 020 7219 4272 on the day before the hearing.

Notes for Editors

The terms of reference for the inquiry are as follows:
The Committee will consider how aspects of the regulatory reform agenda are evolving; possible improvements to the design of new regulations; and whether reform initiatives are currently achieving intended benefits.

This will include:
1. Current developments

€ what are the implications of recent economic developments (for example, the economic downturn; credit crunch and problems within the financial sector) for the design and delivery of the regulatory reform agenda, including risk-based regulation?
€ how does the Government balance the need for an effective regulatory framework - providing the necessary benefits and protections - with the commitment to improve the conditions for business success?
€ how might a proportionate and targeted response to improving the regulatory framework in the wake of the financial crisis be made? What lessons are there for the wide regulatory reform agenda?
€ how could the Government improve its capability to regulate in a proportionate and effective manner?
€ whether there is a coherent package of regulatory measures for improving the conditions for business success; and how regulatory reform initiatives fit into wider Government support.

2. Design of new regulations
€ does Government understand businesses sufficiently to design effective regulations? Is sufficient emphasis given to small businesses and competition issues?
€ is there sufficient consideration of how regulations will be implemented, including an appropriate focus on compliance and enforcement issues?

The Regulatory Reform Committee is appointed to examine and report to the House on draft Legislative Reform Orders under the Legislative and Regulatory Reform Act 2006 and matters relating to regulatory reform. Its full remit is set out in S.O. No. 141.

The Members of the Committee are:

Andrew Miller , Labour, Ellesmere Port & Neston (Chairman)
Gordon Banks , Labour, Ochil and South Perthshire
Lorely Burt , Liberal Democrat, Solihull
Mr Quentin Davies , Labour , Grantham and Stamford
Mr James Gray , Conservative, North Wiltshire
John Hemming , Liberal Democrat, Birmingham, Yardley
Mrs Sharon Hodgson , Labour, Gateshead East & Washington West
Mr Stewart Jackson , Conservative, Peterborough
Judy Mallaber , Labour, Amber Valley
Dr Doug Naysmith , Labour Co/op, Bristol North West
Mr Mark Prisk , Conservative, Hertford and Stortford
Mr Jamie Reed , Labour, Copeland
Mr Anthony Steen , Conservative, Totnes
Phil Wilson , Labour, Sedgefield

For further information on the work of the Committee, contact Liz Booth, Committee Assistant (020 7219 2837); or see the Committee's website www.parliament.uk/regrefcom