As a statutory regulator, we are subject to the government’s Business Impact Target (BIT) following the provisions of the Small Business, Enterprise and Employment Act 2015 which aims to:
We are required to publish an assessment of the economic impact on business of changes to regulatory policies and practices which are in scope of the BIT which includes:
The government’s annual progress reports on the BIT are available on gov.uk
The 2017 to 2019 Parliament ran from 8 June 2017 – 12 December 2019, during which no QRPs came into force, or ceased to be in force.
The 2015 to 2017 Parliament ran from 8 May 2015 - 8 June 2017