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News

Hampton report demonstrates improved regulation at the SIA

Better Regulation Executive : 24 September, 2009  (Company News)
Report highlights the effectiveness of the Security Industry Authority in improving regulatory performance
The Security Industry Authority (SIA) is prioritising its use of better regulation principles and has made real progress improving its performance as a regulator, according to a new report published today by the Better Regulation Executive.

The report, part of a series of reviews of national regulators, examined how the SIA matched up to the principles of effective regulation set out by Philip Hampton in 2005. The SIA, which regulates the growing private security industry, has placed a high priority on implementing these principles across their work. The SIA currently licences 300,000 operatives and has approved 631 security companies across the UK.

The report found that:

* the SIA's Approved Contractor Scheme has helped raise standards and encouraged exchange of good practice within the industry;

* communication with stakeholders, which had been problematic, had improved as the SIA were engaging constructively and proactively with businesses; and

* criminality in the industry, whilst not eliminated, had been reduced through the work of the SIA.

The report highlighted that the SIA could further improve performance by integrating risk assessment into strategic planning, improving customer focus and some aspects of communication with stakeholders.
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