Better Regulation does not necessarily mean over-regulation, nor is it about deregulation or reducing protection for citizens, as is all too often assumed. Better Regulation is about the right regulation, which means using the most efficient and effective way to achieve the required objective. Although regulation has its place, it is not always the best answer - in short, Better Regulation is about striking the right balance. This article discusses the meaning of Better Regulation and the importance of regulating wisely.
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