Regulator Sponsorship Charter

As the Regulatory Action Plan sets out, the UK’s regulatory system has great strengths, and proportionate approaches from regulators are vital to enabling economic growth. To deliver on the Action Plan, a whole-of-government approach is needed to strengthen the model of regulator accountability and improving strategic alignment with government where appropriate.

This charter, which complements and builds on the Arm’s Length Body Sponsorship Code of Good Practice, publicly sets out the vital role and commitments of sponsor departments to driving forward the ambitions of the Action Plan. It should therefore be followed in full for sponsors for the key regulators set out in the Action Plan, and sponsors of other regulators which can help enable economic growth should apply a proportionate approach.