Business Secretary hosts first cross-government working group on future regulation
The Ministerial Working Group on Future Regulation, chaired by the Business Secretary Greg Clark, met for the first time yesterday (23 October 2018).
- Business Secretary outlines commitment to ensuring regulators are active, forward-thinking and ready to ensure UK is at the forefront of future industries
- Move reflects government drive to transform regulation to support innovators to bring new ideas to market
Business Secretary Greg Clark has outlined his commitment to building on the UK바카라 사이트s exceptional reputation for regulation by ensuring UK regulators are ready for the industries of the future, at the first Ministerial Working Group on Future Regulation.
The Group, which convened for the first time yesterday, is a key commitment in the UK바카라 사이트s modern Industrial Strategy and is responsible for ensuring the government can shape the right regulatory environment to put the UK at the forefront of future industries, from driverless cars to artificial intelligence. It will also take forward recommendations by the Prime Minister바카라 사이트s Council for Science and Technology on how to make the UK regulations more favourable to innovation.
The Council바카라 사이트s recommendations have been published, together with the government바카라 사이트s response. These include establishment of a new horizon-scanning function to ensure that regulation keeps pace with emerging technologies and better access to regulatory advice and support for innovators.
Business Secretary Greg Clark said:
We have a world-beating regulatory environment in the UK which has set standards that have been exported around the world. But we can바카라 사이트t move forward by standing still and we must prepare for the technologies and industries of the future.
I am grateful to the work done by the Council and for their recommendations on how we can put the UK at the forefront of these industries. Through the Working Group on Future Regulation we are going to build on our exceptional foundations, ensuring our regulations keep pace with the technological advances that will reshape our economy.
By being the 바카라 사이트prime mover바카라 사이트 in reforming regulation to support technological innovation, the government will be able to grow domestic industries and attract investment from the rest of the world.
The new group reflects the government바카라 사이트s drive to transform regulation to support innovators to bring new ideas to market. In early October the government announced that it would invest in Β£10 million in 15 projects through the Regulators바카라 사이트 Pioneer Fund. Projects will help regulators keep pace with technological advances of the future from virtual lawyers to flying cars.
Members of the Ministerial Working Group on Future Regulation are:
- Secretary of State for Business, Energy and Industrial Strategy 바카라 사이트 Rt Hon Greg Clark MP (Chair)
- Secretary of State for Health and Social Care 바카라 사이트 Rt Hon Matt Hancock MP
- Secretary of State for Transport 바카라 사이트 Rt Hon Chris Grayling MP
- Secretary of State for Digital, Culture, Media and Sport 바카라 사이트 Rt Hon Jeremy Wright MP
- Minister of State for Energy and Clean Growth 바카라 사이트 Rt Hon Claire Perry MP
- Minister of State for Universities, Science, Research and Innovation 바카라 사이트 Sam Gyimah MP
- Exchequer Secretary to the Treasury 바카라 사이트 Robert Jenrick MP
- Parliamentary Under Secretary of State (Minister for Better Regulation) 바카라 사이트 Rt Hon Lord Henley
- 바카라 사이트 Chief Scientific Advisor 바카라 사이트 Dr Patrick Vallance FRS, FMedSci, FRCP
- Chair of the Regulatory Policy Committee 바카라 사이트 Anthony Browne
- BEIS Director General for Market Frameworks 바카라 사이트 Jaee Samant
- BEIS Director for Better Regulation 바카라 사이트 Carl Creswell
This group, which will meet on a quarterly basis, will be responsible for:
- Strengthening the 바카라 사이트바카라 사이트s horizon scanning for emerging regulatory challenges arising from innovative products, services and business models
- Commissioning departments to develop regulatory reform proposals to enable innovative products, services and business models
- Promoting action by regulators to develop innovation-enabling regulatory approaches
- Seeking to resolve complex regulatory issues that cross sectoral, departmental or regulator boundaries; and
- Driving the exchange of best practice in innovation-enabling approaches across Whitehall