Who watches the watchdogs? Improving the performance, independence and accountability of UK regulators
House of Lords report examines regulators’ remits, guidance quality, independence and how they are held to account
Dominic Walsh,
Dominic Cooper,
Itumeleng Osupeng
The Authority of the House of Lords
February 2024
UK
Research & Analysis
A 2024 report by the UK House of Lords Industry and Regulators Committee that examines whether the UK’s regulatory system is appropriately balanced between independence, effectiveness, and accountability. The report argues that regulators play a vital role in supporting economic growth, consumer protection, and public confidence, but that growing concerns about their performance and oversight risk undermining their legitimacy.