Globally, what are regulators doing to support innovation and reduce regulatory burden for industry, how is success of any initiatives measured, and what would be the likely level of success when similar initiatives are applied to product safety and legal metrology in the UK?

Background

This topic covers a range of cross-cutting evidence questions relating to businesses, particularly around how OPSS can engage with businesses to increase their compliance with regulations. It covers areas such as:

- The characteristics of businesses associated with unsafe products;

- How OPSS can best engage with different types of business;

- The impacts of product regulation on businesses.

- Effectiveness of interventions and mechanisms in influencing businesses to take action to ensure the placement of safe products on UK markets

Next steps

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Related UKRI funded projects

  • Advanced Regulatory Innovation EcoSystem (ARIES)

    The Advanced Regulatory Innovation Ecosystem (ARIES) project aims to develop an AI-based digital platform that supports regulators in collaborating more effectively within their organisational boundaries, across differen...

    Funded by: Innovate UK

    Lead research organisation: IDEAONOMY LTD

    Why might this be relevant?

    The ARIES project aims to develop a digital platform to support regulators in collaborating effectively and aligning regulatory policies with industry practices, which directly addresses the question on regulatory support for innovation and reducing burden.

  • Cross-sector regulatory sandbox

    The cross sector regulatory sandbox is a proposal to create a single point of entry sandbox where firms are able to test innovative propositions, in a controlled environment, overseen by multiple domestic regulatory agen...

    Funded by: Innovate UK

    Lead research organisation: THE FINANCIAL CONDUCT AUTHORITY

    Why might this be relevant?

    The Cross-sector regulatory sandbox proposal aims to create a single point of entry sandbox for firms to test innovative propositions, which partially addresses the question on reducing regulatory burden for industry, but does not fully cover the measurement of success or application to product safety and legal metrology in the UK.