PSA publishes updated right-touch regulation document
Learn more about the updated information from the Professional Standards Authority.
The Professional Standards Authority (PSA) has published revised guidance on right-touch regulation, which is an approach applied in its work and encourages regulators to use as well.
The PSA determined it was necessary to update it to support regulators in responding to the challenges and opportunities faced at the current time. The document was last amended in 2015.
The principles-based framework helps with deciding how best to protect the public by looking at the level of risk of harm and choosing the most effective and proportionate response, whether through regulation or other actions.
The full guidance can be found on the PSA’s website.
