Regulatory systems

We are responsible for stewardship of 16 regulatory systems covering about 140 statutes.

A regulatory system comprises the rules (eg statutes and regulations), institutions, and practices which combine to achieve a given set of behaviours or outcomes.

Our 16 regulatory systems

Accident compensation

Building

Communications markets

Competition

Consumer and commercial

Corporate governance

Employment relations and standards

Energy markets

Financial markets

Health and safety at work

Housing and tenancy

Immigration

Innovation, science and economic development

Intellectual property

Petroleum and minerals

Trade, international and standards

How we manage and assess our 16 regulatory systems

Across these regulatory systems, we carry out a number of common regulatory functions that are essential for a regulatory system to operate effectively:

  • policy advice
  • operational policy/service design
  • service delivery
  • compliance and enforcement
  • monitoring and evaluation
  • advice/information/education
  • standard setting
  • dispute resolution.

For some systems, some functions may not be relevant or are carried out by another agency. Figure 1 below shows which agency is responsible for each regulatory function across our regulatory systems.

Figure 1 - Who carries out each regulatory function across our regulatory systems
who carries out each regulatory function across mbies regulatory systems

Working with other government agencies

We also have an interest in regulatory systems that other government agencies have stewardship responsibilities for. This is because these other regulatory systems can impact on the outcomes of MBIE’s regulatory systems, such as resource management and planning. We apply regulatory stewardship principles and approaches when dealing with other agencies.

Best regulatory practice by 2022

We are focusing on ensuring our regulatory systems are performing to a high standard. We have a goal of reaching best practice in all of our regulatory systems by 2022.

We have developed an initial set of standards to define what best practice means and to start measuring our progress. In implementing this approach we also:

  • develop regulatory systems amendment bills, which provide a regular process for the maintenance and continuous improvement of legislation administered by MBIE
  • undertake assessment processes for our regulatory systems, and look across assessments to identify any broader issues
  • set expectations for the performance of regulatory systems, under the working description of a regulatory system statement of intent/charter
  • reinforce shared ownership for regulatory systems among relevant agencies
  • ensure that each regulatory system is treated as a living system, where there is good knowledge of how the system is intended to perform and is performing.

We want to hear from you

As we keep track of issues with our regulatory systems we want to hear from you about any challenges you have in the areas of business, housing, employment and science.

For instance, you may know about an unnecessary cost associated with reporting to government or an unexpected impact from a statutory provision.

Contact us

If you would like to discuss our regulatory systems performance work programme, contact us at regulatory.systems@mbie.govt.nz.