To improve your understanding of our role and how we perform it, we have published a regulatory approach statement.
The statement sets out our high-level regulatory approach. It includes our regulatory purpose and principles, who we regulate and how we regulate.
The statement also explains elements of our regulatory toolkit, including:
- approvals and registration
- support to comply
- risk-based targeting
- referrals, information sharing and partnering
- monitoring compliance
- remedies and sanctions
- accountability for our decisions
- informing mandatory standards
Read the statement to understand what you can expect from us: