These institutes also play a part in the infrastructural improvement of the state and offer administrative services like buildings inspection, laboratory authorisation, standard regulations, and environmental monitoring.
Both companies have raised concerns about how the legislation works alongside EU directives on technical standards, authorisation, e-commerce, as well as privacy and electronic communications.
Post-authorisation measure.
Andy Trotter, the former Association of Chief Police Officers' spokesman on media matters, has said: "There is a case for saying we should look at a different standard of authorisation and that may well come out of the reviews that are being undertaken now".
He added: "I do agree with Lord Falconer that there is a need for a review and that looking at Pace when you compare it with Ripa there is a case for saying we should look at a different standard of authorisation and that may well come out of the reviews are being undertaken now".
A European court of justice case placed a question mark over whether such an authorisation process meets human rights standards.
Linda Woodall, acting director of supervision - retail and authorisations at the FCA said: "Although standards in the consumer credit sector are improving, it is disappointing that examples of poor practice in the payday market keep surfacing.
For each product, the following information was abstracted: generic name, brand name, manufacturer, indication, date of notice of compliance (NOC marketing authorisation), type of review (priority or standard) and type of product (traditional or biological).
It is also entrusted with developing legally binding regulatory technical standards and has a central role in the authorisation and monitoring of CCPs and trade repositories.
Pharmaceutical industry standards, such as good manufacturing practice (GMP) and marketing authorisation, were imposed upon the predominantly hospital-based human tissue transplantation field.
