The UK Regulators Network, chaired by Cathryn Ross, Ofwat’s Chief Executive, is consulting on its 2016-17 work programme, which includes proposals to identify ways members can work directly with one another to make best use of resources.
The UKRN has existed for almost two years now and has delivered a number of key pieces of work on cross cutting policy issues. Introducing the consultation, UKRN said:
“We intend to build upon the work over this period by developing a programme of work which seeks out opportunities for collaboration between members in a flexible and efficient way.”
“This programme will allow members to participate at a level best suited to their needs and operate flexibly enough for members to proactively identify collaborative projects and engagement opportunities which deliver benefits.”
The proposed work programme is seeking to deliver on three key workstream areas, including finding better, smarter ways to make best use of resources that are available through the UKRN ‘People and Resources’ workstream.
One key piece of work UKRN is planning to undertake is to “unlock” some of the issues currently inhibiting it from looking to the network to support better and smarter ways of working. UKRN wants to identify ways by which members can work directly with one another to make best use of resources.
The proposed 2016/17 programme of work will look to facilitate the sharing of expertise and specialist skills, as well as putting in place lasting mechanisms to embed collaboration into members’ workforce and resource planning.
The Network also wants to create further opportunities for stakeholders to play an active role in UKRN through the ‘Engagement’ workstream.
The UKRN network consists of the following UK sectoral regulators:
- The Civil Aviation Authority (CAA)
- The Financial Conduct Authority (FCA)
- The Payment Systems Regulator (PSR)
- Office of Communications (Ofcom)
- Office of Gas and Electricity Markets (Ofgem)
- Water Services Regulation Authority (Ofwat)
- Office of Rail Regulation (ORR)
- Northern Ireland Authority for Utility Regulation (Utility Regulator)
- Monitor, the sector regulator for health, participates in the network and its projects as appropriate.
The Water Industry Commission for Scotland (WICS) and Legal Services Board (LSB) are contributing members which generally participate as observers. Two new contributing members, the Single Source Regulations Office (SSRO) and the Financial Reporting Council (FRC), have also recently joined.
Deadline for stakeholders’ responses to the consultation is 11 March 2016 - click here to access the consultation document. Responses can be emailed to This e-mail address is being protected from spambots. You need JavaScript enabled to view it
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