The Organisation for Economic Co-operation and Development (OECD) has described a regulatory policy and governance framework. This report describes seven principles for the governance of regulators:
- Role clarity
- Preventing undue influence and maintaining trust
- Decision making and governing body structure for independent regulators
- Accountability and transparency
- Engagement
- Funding
- Performance evaluation
Read ‘The Governance of Regulators’ on the OECD website