A stronger role for the UK Regulators Network

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The UK Regulators Network should have a stronger role, supported by an independent chair:

  • By the end of 2020, the UK Regulators Network should appoint an independent chair
  • By the end of 2020, the government should review data sharing powers by regulators to ensure they can develop a ‘whole customer view’
  • By the end of 2021, regulators, with the support of the UK Regulators Network, should develop joint data sets to enable whole customer analysis
  • By July 2021, the independent chair of the UK Regulators Network should publish a business plan setting out how the network will support collaboration on the achievement of common goals; coordination to avoid contradictory regulation and inefficiency; data and knowledge sharing, including supporting the regulators to improve their data management capability; improved performance reporting by regulators.

 

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