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I support adjustments designed to enhance the efficiency and effectiveness of regulation without sacrificing safety and soundness or undermining macroprudential goals.
But Dawson is sceptical of the effectiveness of regulation: "I don't think that will make [property guardianship] a more positive option for a lot of people who need to be housed," she says.
While the IAB has been left to establish a long-term self-regulatory framework, the OFT said that it would also look at "strengthening the effectiveness of regulation" as a backstop if industry action fails to address concerns.
"Should industry action prove ineffective, the OFT and the Information Commissioner's Office are strengthening the effectiveness of regulation by seeking to agree a memorandum of understanding to establish in which circumstances the ICO, or the OFT, would take enforcement action," added the regulator.
(C) The continued combination of such systems under the control of such holding company is not so large (considering the state of the art and the area or region affected) as to impair the advantages of localized management, efficient operation, or the effectiveness of regulation.
According to the Organisation for Economic Co-operation and Development OECDD), "public consultation is one of the key regulatory tools employed to improve transparency, efficiency and effectiveness of regulation".
Similar(49)
The different results between Beijing and Taipei, we argue, lie in the effectiveness of regulations setting.
Professors Tomain and Shapiro indicate that their research demonstrates the effectiveness of regulations for improving Americans' lives.
Increased transparency in these institutions would also help achieve other goals in addition to a GFR, such as improved corporate governance, better protection of corporate issuer and shareholder rights, and greater effectiveness of regulations combatting unlawful uses of the financial system.
This could impact the effectiveness of regulations aimed at improving miles per gallon, as policies that increase the fuel economy of one car lead households to buy a less fuel efficient second car and to drive more miles overall, eroding over 60% of the fuel savings of the first car.
Analysis of the effectiveness of regulations and air quality management actions to reduce air pollution and its associated health impacts is an active area of research that is discussed in more detail elsewhere (van Erp et al. 2008).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com