The Regulation Forum
The Regulation Forum brings together the competition authorities, sector regulators and market participants in energy, telecoms, financial services and other sectors which are subject to economic regulation.
The Group provides an opportunity to discuss topical policy issues and concerns in a constructive environment.
The Regulation Forum's 2023 Chair Summit will address the strategic outlook for economic regulation and competition.
Following the success of the inaugural gathering in 2022, this year the Summit will provide a unique opportunity for the Chairs of the UK's economic regulators and the CMA to set out their strategic assessment and priorities for the year ahead, allows them to share their thoughts, vision, experience and the approach of their boards and in particular to explore the issues common to all the regulated sectors and the way in which regulation can be joined up in a digital age.
The review of economic regulation announced in the January 2022 policy paper is under way. The review will look into the economic regulation of the energy, water and telecoms sectors and we will be able to explore the review during the Summit.
The unique group of Chairs of the authorities sharing their thoughts at the Summit will be:
Marcus Bokkerink, Chair of the Competition & Markets Authority
Professor Martin Cave OBE, Chair of Ofgem
Ian Coucher, Chair of Ofwat
Lord Grade of Yarmouth CBE, Chair of Ofcom
Sir Stephen Hillier GCB, CBE, DFC, Chair of the Civil Aviation Authority
Olivier Guersent, Director-General of Competition in the European Commission
Lord Currie of Marylebone.
The Summit which will be Chaired by Cathryn Ross, Strategy & Regulatory Affairs Director at Thames Water
Expert discussants will contribute to each session.
RISK, REWARD & REGULATION
AUTHORED BY CATHRYN ROSS
This purpose of this paper, authored by Cathryn Ross, Strategy and Regulatory Affairs Director at Thames Water, is to draw out some changes and challenges that have commonalities across a number of regulated sectors and to prompt debate among those who may have useful levers at their disposal about how they may be addressed. All of this is in the interests of maintaining the effectiveness of regulation in UK, and our regulated sectors, to the benefit of consumers and citizens.
A regulatory expert has said that the paper is the best recent analysis that they have seen of the current (and potential future) state of economic regulation in the UK.