Corporate report: Business Impact Target 2021 to 2022: Ofqual


December 22
09:30 2022

Ofqual Business Impact Target 2021 to 2022

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The Small Business, Enterprise and Employment (SBEE) Act 2015, as amended by the Enterprise Act 2016, brought Ofqual and other statutory regulators into the scope of the governments Business Impact Target (BIT).

The governments policy objectives for the BIT are to provide a wider focus for the reduction of regulatory burdens on business, to improve transparency around the impact of regulation and to provide greater incentives for regulators to deliver policies that better meet the needs of business. Regulators are required to report on the period from 17 December 2021 to 16 December 2022.

All of our activities fall within the BIT exclusions, and we are publishing these in a summary of non-qualifying regulatory provisions, as required by the SBEE. We do not have any qualifying regulatory provisions to report this year.

Published 22 December 2022

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