Performance Based Regulation

Transforming the CAA to a performance based regulator



The CAA has commenced a business transformation programme to become a performance based regulator
 
Performance based regulation means developing a comprehensive risk picture with the organisations we regulate and building our knowledge and data to make sure we target our regulation in the areas where it will make the biggest difference. 


The transformation programme and what it means in practise was introduced to our industry stakeholders at a major conference at the London Gatwick Hilton on 19 May 2014.  Over 130 senior industry leaders and accountable managers from across the industry were in attendance.  The conference gave the delegates the opportunity to debate the concept and practicalities including the likely benefits and the challenges to both the CAA and themselves. 

A conference report has been produced which includes information about the proceedings and feedback from the industry delegates.  

A new working group

Having received and considered the industry comments resulting from the conference, and having consulted the CAA/Industry Safety Improvement Advisory Group (SIAG), a PBR Industry Group is to be set up, which will be co-chaired by the CAA and industry.  The aim of the group will be to work collaboratively in addressing the issues detailed in the report, specifically those related to data sharing, competence in the industry and regulator for delivering PBR, and benefits identification/realisation.  The group will also be able to address the inevitable emerging issues that we will encounter along our journey. 

There has been substantial interest from many organisations in joining the PBR industry group.  The  membership will be established and the first meeting held during the first quarter of 2015.  Further information will be provided here when the group begins work.