I am pleased to announce that the Review of the Security Industry Authority is today being published on www.gov.uk. This is part of a programme of regular reviews of public bodies to provide assurance and challenge for good governance and efficiency. A copy of the Review will also be placed in the House Library.
I welcome publication of the Review of the Security Industry Authority. The Government is committed to ensuring the integrity of the private security industry. I am pleased the Review concludes that regulation of the industry remains relevant and that the Security Industry Authority has performed its role to a satisfactory standard.
The Review makes a number of recommendations about the future of the regulatory regime. These require further consideration and analysis, in particular of the balance between improving public protection and the need to support and not overburden the private security industry, including the smaller organisations.
The Home Office will support the Security Industry Authority as it works to continue to improve its performance and risk based approach and to realise efficiencies, with the aim of achieving regulatory best practice and showing leadership in taking the industry forward.
This statement has also been made in the House of Lords: