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The FSA will become the most powerful financial regulator in the world as a single agency responsible for the regulation and supervision of the full range of financial services. While questions of institutional structure raise important issues, they are of second‐order importance compared with the general approach, style and intensity of regulation and supervision that regulators apply. The objective of the paper is to outline some general principles to guide the regulation and supervision of banks so as to maximise the probability of objectives being achieved, while at the same time minimising the potential costs.

The National Insurance Joint Authority in exercise of powers conferred by sections 45, 50 and 99 of the National Insurance Act 1965, and the Minister of Social Security, in exercise of powers conferred by sections 10, 49 and 102 and Schedule 11 paragraphs 17 and 18 of that Act and the National Insurance Act 1967 Schedule 7, in each case in consequence of the last‐mentioned Act and in conjunction with the Treasury so far as relates to matters with regard to which the Treasury have so directed, and in exercise of all other powers enabling them in that behalf, hereby make the following regulations:—

Whereas in pursuance of Part I of Schedule 2 to the Mines and Quarries Act 1954 the Minister of Power has published notice of his intention to make the following regulations and has not received any objection to the draft thereof in respect to which he is required to refer the draft regulations for inquiry and report:

The National Insurance Joint Authority, in conjunction with the Treasury so far as relates to matters with regard to which the Treasury have so directed, in exercise of powers conferred by sections 50 and 51 of the National Insurance Act 1965 and of all other powers enabling them in that behalf, and for the purpose only of consolidating the regulations hereby revoked, hereby make the following regulations:—

The Minister of Social Security, in exercise of the powers conferred by sections 38(3), 39, 40(4), 41, 42, 50 and 54 of the National Insurance (Industrial Injuries) Act 1965(a), and section 75(2) of the National Insurance Act 1965(b), as amended by sections 8 and 9 of the National Insurance Act 1966(c), and of all other powers enabling her in that behalf and for the purpose only of consolidating the regulations hereby revoked, hereby makes the following regulations:—

The National Insurance Joint Authority, in exercise of powers conferred by sections 45, 50 and 99 of the National Insurance Act 1965, and the Secretary of State for Social Services, in exercise of his powers under sections 10, 49 and Schedule 11 paragraphs 17 and 18 of that Act, and Schedule 6 of the National Insurance Act 1969, and of all other powers enabling them in that behalf, and in conjunction with the Treasury so far as relates to matters with regard to which the Treasury have so directed, hereby make the following regulations, which contain no provisions other than such as are made in consequence of the said Act of 1969 and which accordingly, by virtue of section 10(1) of that Act are exempt from the requirements of section 108 of the National Insurance Act 1965 (reference to the National Insurance Advisory Committee) :—

Presents the results of a postal questionnaire to UK food and drink manufacturers on the costs of compliance with food regulation. In particular, the questionnaire focused on the usefulness of compliance cost assessments ‐ introduced by the Government in 1985 across all government departments as an analytical tool for assessing the regulatory costs to business ‐ as they relate to food businesses. Explains that the questionnaire sought to establish to what extent food companies actually costed the impact of food regulation on their business operations and explored other aspects of food regulation, such as the benefits and constraints. Reports the results which gave some unexpected insights on the costs of compliance with food regulation. For example, the majority of respondents were not aware that the Ministry of Agriculture Fisheries and Food carried out compliance cost assessments on food regulation; around two‐thirds of the sample found it “difficult” or “very difficult” to identify where compliance costs would affect their company and an even greater proportion (more than three‐quarters) said they would have problems quantifying compliance costs. Concludes that the compliance cost assessment, as a tool for helping to analyse the cost of food regulation on businesses, is an inappropriate method for the food sector and the development of new methods should be considered.

November 26, 1969 Building — Safety regulations — Applicability — Regulation providing that support to be given “Where work cannot safely be done… from part of a building” — Further regulation providing for safety belts in special circumstances — Steel erector working astride girder — Girder part of permanent structure — Fall in course of bolting beam to stanchion — Whether safe place of work — Whether breach by employer of regulations — Construction (General Provisions) Regulations, 1961 (S. 1. 1961, No. 1580), regs. 7(2) and 54.

The Secretary of State for Social Services, in exercise of powers conferred by sections 45, 49(l)(a) and 50(l)(a)(ii) of the National Insurance Act 1965 and paragraphs 17 and 18 of Schedule 11 to that Act, section 11(1) of the National Insurance Act 1966, as amended by section 6(1) of the National Insurance Act 1972 and paragraph 13 of Schedule 4 to the National Insurance Act 1974, paragraph 3 of Schedule 6 to the National Insurance Act 1969 and section 1 of the National Insurance Act 1970, and of all other powers enabling her in that behalf, and in conjunction with the Treasury so far as relates to matters with regard to which the Treasury have so directed, hereby makes the following regulations, which contain no provisions other than such as are made in consequence of the National Insurance Act 1974 and which accordingly, by virtue of paragraph 2(l)(a) of Schedule 5 to that Act, are exempt from the requirements of section 108 of the National Insurance Act 1965 (reference to the National Insurance Advisory Committee):—

The Secretary of State in exercise of his powers under section 8(2) of the Employment Medical Advisory Service Act 1972 and of all other powers enabling him in that behalf, hereby makes the following Order:—