This review considers the effectiveness of departmental processes to support controls on regulation in a manner analogous with processes to support controls on public spending.
We examined the processes used by five case study departments: the Department for Business, Innovation and Skills; the Ministry of Justice; the Department for Work and Pensions; the Department for Environment, Food and Rural Affairs and the Department for Transport.
We reviewed their support processes against a framework of regulatory management covering five areas we have previously highlighted as necessary for strong financial management in our Financial Management Maturity Model:
- governance and leadership;
- decision-making; and
- performance reporting.