The list of needed reforms is familiar: more competition, the privatisation of state firms, better protection for investors, a more reliable legal system and a transparent regulatory framework.
The IAAF inferred it would be wrong to assume too much from blood tests, given the athlete biological passport was introduced only in 2009 "when Wada [the World Anti-Doping Agency] set out a harmonised regulatory framework allowing the use of reliable and comparable values".
In particular, it creates a legislative and regulatory framework in which the procurement of data for reasonably reliable hazard assessments is possible.
That's why channeling dispersed knowledge into new businesses requires a regulatory framework that favours the genuinely enlightened and honest.
We decided to change the regulatory framework.
The regulatory framework had deficits too".
We will build a regulatory framework which encourages this".
John Penrose has sensible ideas about reforming the regulatory framework.
"There is a real need for an international regulatory framework.
But getting the regulatory framework right is hard.
