UKRN submission to Industry and Regulators Committee

UKRN responded to a Call for Evidence from the House of Lords Industry and Regulators Committee on their inquiry into the relationship between regulators and economic growth.

Our key points highlighted:

• the ability of regulation to enable, rather than hinder, innovation and growth, highlighting some of the work already going on across our members to help support this;
• the need for regulators to balance competing priorities and the importance of Government to provide strategic steers to help address this;
• greater clarity from Government on risk appetite and ownership, calibrated by sector, and
• the importance of collaboration in delivering all of these, including working through organisations such as UKRN.

If you want to read our response in more detail, it is available on the UK Parliament website here.