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Government considers regulation hotlines

07 Jul 2009, Mario Christodoulou, AccountancyAge

http://www.accountancyage.com/aa/news/1763851/government-considers-regulation-hotlines

New regulation hotlines, aimed at providing advice to companies across the country, could soon be rolled out in number of industries according to a senior government official.

Department for Business, Enterprise and Regulatory Reform chief executive Jitinder Kohli told the Commons Regulatory Reform Commission that the government is interested in rolling out a series of regulation help lines if a pilot SME hotline, currently on trial, proves successful.

`If it does work then a number of other regulators…are thinking about whether it can be rolled out across the board,' he said.

Regulatory reform minister Ian Lucas described the project as an `absolutely critical area' at the hearing.

`We will be keeping a very close eye on it,' he said.

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