Statement of Expectations for Regulators

The Statement of Expectations (SOE) Framework and its related reporting requirements is designed to facilitate a dialogue between Ministers, departments and regulators to identify the government’s priorities and emerging risks and to establish a process for addressing these priorities through regulators’ business planning processes.

The Framework is supported by Towards Best Practice - a guide for regulators (the Guide) developed by Better Regulation Victoria.

Assessments against the Guide may highlight priorities for reform and improvement. The process of preparing a SOE may be a useful framework for prioritising and implementing improvements for a regulator. Where appropriate, departments should prioritise issues identified under the principles in the Guide, when developing SOEs with regulators.

Reviewed 14/08/2023
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