Documents

Contributions to External Events and Publications

Understanding the economic rationale for legal services regulation – A collection of essays

Last year we took the decision to take a step back from the existing regulatory structures and consider the underlying purpose of regulation of legal services, the legal services professions and the legal services market. We commissioned Chris Decker and George Yarrow from the Regulatory Policy Institute to write a report summarising what economics in particular can teach us. This report was never intended to be the last word on the subject, but we hoped that it might spur debate and lead to greater academic interest, both in and beyond law schools, in the topic of legal services regulation.
We are publishing this report, together with this collection of essays which provide responses from a variety of perspectives, at a fascinating time in the development of the regulation in legal services, both in England and Wales and indeed globally.

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Documents

Review of Guernsey’s utility regulatory regime

This report constitutes our assessment of Guernsey’s utility regulatory system as applied to the regulation of electricity, post and telecoms, and it includes recommendations for change to improve the framework and conduct of regulation. Although initially triggered by issues noted in the April 2010 Requête, the scope of the Review has broadened to take account of other structural, policy and institutional factors. We consider this broadening desirable, as any assessment of the effectiveness of a regulatory regime requires an examination not just of the regulator, but also of the broader policy and institutional structure of government within which regulation operates.

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