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Hampton Report
Reducing administrative burdens – effective inspection and enforcement (the Hampton Report) is a March 2005 UK publication produced under businessman Philip Hampton. The UK Statutory Code of Practice for Regulators is based on its recommendations with the purpose to promote efficient and effective approaches to regulatory inspection and enforcement. In the 2004 Budget, Hampton was asked to lead a review of regulatory inspection and enforcement. This review produced the ''Hampton Report''. This report, together with the later ''Macrory Review'' "Regulatory Justice – making sanctions effective" led to the UK Regulatory Enforcement and Sanctions Act 2008. One result was that the Ayres and Braithwaite Compliance Pyramid was effectively codified into UK law. The Hampton Report also recommended an enhanced role for the Office of Fair Trading (OFT). The OFT were to set national priorities and coordinate performance management of local authority trading standards services. Local Bett ...
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Philip Hampton
Sir Philip Roy Hampton (born 5 October 1953) is a British businessman. He was the first chairman of UK Financial Investments Limited in 2008 and chairman of government-owned The Royal Bank of Scotland Group between 2009 and 2015. He has also chaired GlaxoSmithKline and J Sainsbury. Early career Hampton gained an MA in English from Lincoln College, Oxford, in 1975. He joined the accounting firm Coopers & Lybrand the same year, qualified as a chartered accountant in 1978, and then trained as an auditor, working in London and west Africa. He took an MBA from INSEAD from 1980 to 1981, and returned to join Lazards investment bank for nine years. Working on mergers, acquisitions, business restructurings and capital markets; in 1986 he was seconded to Lazard Freres, New York, and also worked extensively with Lazard Freres in Paris. Since then Hampton has been finance director at a number of companies: *British Steel plc – group finance director from 1990 to 1995; the company were a ...
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BERR
The Department for Business, Enterprise and Regulatory Reform (BERR) was a United Kingdom government department. The department was created on 28 June 2007 on the disbanding of the Department of Trade and Industry (DTI), and was itself disbanded on 6 June 2009 on the creation of the Department for Business, Innovation and Skills. BERR had a wide range of responsibilities. The main areas covered were essentially those previously covered by the DTI: company law, trade, energy, business growth, employment law, regional economic development and consumer law. The principal machinery of government changes affecting the department on creation were the removal of the Office of Science and Innovation to the new Department for Innovation, Universities and Skills and the arrival of the Better Regulation Executive from the Cabinet Office. Subsequently, in October 2008, responsibility for energy policy was removed to the new Department of Energy and Climate Change. It merged with the Depa ...
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2004 Budget
4 (four) is a number, numeral and digit. It is the natural number following 3 and preceding 5. It is the smallest semiprime and composite number, and is considered unlucky in many East Asian cultures. In mathematics Four is the smallest composite number, its proper divisors being and . Four is the sum and product of two with itself: 2 + 2 = 4 = 2 x 2, the only number b such that a + a = b = a x a, which also makes four the smallest squared prime number p^. In Knuth's up-arrow notation, , and so forth, for any number of up arrows. By consequence, four is the only square one more than a prime number, specifically three. The sum of the first four prime numbers two + three + five + seven is the only sum of four consecutive prime numbers that yields an odd prime number, seventeen, which is the fourth super-prime. Four lies between the first proper pair of twin primes, three and five, which are the first two Fermat primes, like seventeen, which is the third. On the other hand, t ...
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Regulatory Enforcement And Sanctions Act 2008
The Regulatory Enforcement and Sanctions Act 2008 is an Act of the Parliament of the United Kingdom which is designed to provide for more consistent enforcement of regulations across local authority boundaries, better co-ordination between local authorities and central government, and more effective enforcement of regulations. It also requires regulators to conform to certain principles. The Act was passed in response to the Hampton report, commissioned in the 2004 budget. The Act has four parts: * Part 1 re-establishes Local Better Regulation Office, already established in May 2007 as a government-owned company, as a statutory corporation with statutory powers. * Part 2 established a ''Primary Authority scheme'', whereby businesses which operate in more than one local authority area can choose to nominate one authority as the primary one for regulatory purposes. * Part 3 introduces four new civil penalties A civil penalty or civil fine is a financial penalty imposed by a g ...
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Ayres And Braithwaite Compliance Pyramid
Regulatory risk differentiation is the process used by a regulatory authority (the regulator - most often a tax administration) to systemically treat entities differently based on the regulator's assessment of the risks of the entity's non-compliance. Regulators can include law enforcement agencies. Entities refers to those under the authority/control of the regulator – in most cases ranging from individuals to companies (legal entities) to multinationals operating within the regulator's jurisdiction. The risk differentiation process requires the regulator to directly link a robust risk assessment to different regulatory responses (e.g. financial penalties, criminal imprisonment). Regulatory risk differentiation is also referred to as the Compliance Model in some regulatory agencies. See for example the Australian Prudential Regulatory Authority risk differentiation approach known as: PAIRS / SOARS. PAIRS is the Probability And Impact Rating System, while SOARS is the Supervisory ...
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Office Of Fair Trading
The Office of Fair Trading (OFT) was a non-ministerial government department of the United Kingdom, established by the Fair Trading Act 1973, which enforced both consumer protection and competition law, acting as the United Kingdom's economic regulator. The OFT's goal was to make markets work well for consumers, ensuring vigorous competition between fair dealing businesses and prohibiting unfair practices such as rogue trading, scams, and cartels. Its role was modified and its powers changed with the Enterprise Act 2002. The Department for Business, Innovation and Skills (BIS) announced reforms to the consumer protection and competition regimes. Under the provisions of the Enterprise and Regulatory Reform Act 2013, the Competition and Markets Authority (CMA) was established on 1 April 2014, combining many of the functions of the OFT and the Competition Commission and superseding both. Regulation for the consumer credit industry passed from the OFT to the new Financial Conduc ...
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Statutory Corporation
A statutory corporation is a government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, thus, they are statutes owned by a government or controlled by national or sub-national government to the (in some cases minimal) extent provided for in the creating legislation. Bodies described in the English language as "statutory corporations" exist in the following countries in accordance with the associated descriptions (where provided). Australia In Australia, statutory corporations are a type of statutory authority created by Acts of state or federal parliaments. A statutory corporation is defined in the government glossary as a "statutory body that is a body corporate, including an entity created under section 87 of the PGPA Act" (i.e. a statutory authority may also be a statutory corporation). An earlier definition describes a statutory corporation as "a statutory authority that is a body corporate", and the New South Wales Governme ...
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Statutory Powers
A statute is a formal written enactment of a legislative authority that governs the legal entities of a city, state, or country by way of consent. Typically, statutes command or prohibit something, or declare policy. Statutes are rules made by legislative bodies; they are distinguished from case law or precedent, which is decided by courts, and regulations issued by government agencies. Publication and organization In virtually all countries, newly enacted statutes are published and distributed so that everyone can look up the statutory law. This can be done in the form of a government gazette which may include other kinds of legal notices released by the government, or in the form of a series of books whose content is limited to legislative acts. In either form, statutes are traditionally published in chronological order based on date of enactment. A universal problem encountered by lawmakers throughout human history is how to organize published statutes. Such publications ha ...
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Better Regulation Delivery Office
Better may refer to: * "to better" as a verb, meaning to undergo betterment * better, an alternate spelling of bettor, someone who bets ( gambles) Music Albums * ''Better'' (Chrisette Michele album), 2013 * ''Better'' (Brian McKnight album), 2016 * ''Better'' (Haley Reinhart album), 2016 * ''Better'' (BoA album), 2020 Songs * "Better" (The Screaming Jets song), 1991 * "Better" (Brooke Fraser song), 2004 * "Better" (Tom Baxter song)", 2007, covered by Boyzone in 2008 * "Better" (Guns N' Roses song), 2008 * "Better" (Maggie Rose song), 2012 * "Better" (Kim Hyung-jun song), 2014 * "Better" (Banks song), 2015 * "Better" (Haley Reinhart song), 2016 * "Better" (Meghan Trainor song), 2016 * "Better" (Mallrat song), 2017 * "Better" (Khalid song), 2018 * "Better" (Lena Meyer-Landrut and Nico Santos song), 2019 * "Better" (Twice song), 2020 * "Better" (Zayn song), 2020 * "Better" a 1992 song by Helmet from the album, '' Meantime'' * "Better" a 1999 song by 8stops7 f ...
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Department For Business, Innovation And Skills
, type = Department , logo = Department for Business, Innovation and Skills logo.svg , logo_width = 200px , logo_caption = , picture = File:Лондан. 2014. Жнівень 26.JPG , seal = , seal_width = , seal_caption = , formed = 5 June 2009 , , preceding1 = Department for Business, Enterprise and Regulatory Reform Department for Innovation, Universities and Skills , dissolved = 14 July 2016 , superseding = Department for Business, Energy and Industrial Strategy; Department for International Trade , jurisdiction = United Kingdom , headquarters = 1, Victoria Street, London , employees = , budget = £16.5 billion (current) and £1.3 billion (capital) for 2011-12 , minister1_name = , minister1_pfo = , chief1_name = , chief1_position = , chief2_name = , chief2_position = , child1_agency = Companies House , child2_agency = HM Land Registry , child3_age ...
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2013 New Year Honours
The New Year Honours 2013 were appointments by some of the 16 Commonwealth realms to Orders and decorations of the Commonwealth realms, various orders and honours to recognise and reward good works by citizens of those countries. The New Year Honours are awarded as part of the New Year celebrations at the start of January. The New Year Honours were announced on 28 December 2012 in the United Kingdom of Great BritainThe United Kingdom: and Northern Ireland,Northern Ireland: on 31 December 2012 in New Zealand, and 28 December 2012 in the Cook Islands,Cook Islands: Barbados,Barbados: Grenada,Grenada: Solomon Islands,Solomon Islands: Saint Vincent and the Grenadines,Saint Vincent and the Grenadines: Saint Christopher and Nevis,Saint Christopher and Nevis: Belize,Belize: and Antigua and Barbuda,Antigua and Barbuda: The recipients of honours are displayed as they were styled before their new honour and arranged by the country (in order of precedence) whose ministers advised The Queen o ...
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