Digital
Regulation Cooperation Forum
The
Competition and Markets Authority (CMA) has published terms of reference of the
Digital Regulation Cooperation Forum (DRCF).
The
DRCF was launched by the CMA, the Information Commissioner’s Office (ICO) and Ofcom
in July 2020. The Financial Conduct Authority joined in April 2021.
The
Secretary of State for Culture, Media and Sport has written to the DCRF setting
out the role of the DRCF in delivering the government's vision of a strategic,
pro-innovation approach to digital regulation.
The
terms of reference of the DRCF set out that it has the goal of promoting greater
coherence, working collaboratively to jointly address complex problems, and
working together to build capabilities. It is a voluntary cooperation forum to facilitate
engagement between the members and does not provide formal advice or direction
to its members.
The
DCRF is one of a growing number of bodies and initiatives set up to promote
wider cross-sector engagement on competition and economic issues in a digital
landscape. Digital
transformation is supporting all sectors of the economy
The
International Telecommunication Union (ITU) has identified how collaborative
regulation represents a fundamental change in the way that governments develop
regulatory frameworks and rules.
In
2016 at the General Symposium for Regulators ITU presented the concept of
collaborative or fifth generation (G5) regulation under the generations of
regulation model
G5
involves a new system of cross-sectoral regulation involving harmonised rules
with holistic and collaborative approaches as well as high level principles.
A collaborative approach
recognises the interplay between digital infrastructure, services and content
across industries. While
there are some ‘quick wins’ that can be achieved with some ease, other institutional
constraints will need to be considered and demand more reflection and time.
https://www.gov.uk/government/publications/drcf-terms-of-reference/terms-of-reference
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