Amwelladmin
Created page with "{{a|design|principles-based regulation}}{{quote| Principles based regulation uses high-level, general statements often containing both explanations of the intent behind the principle and qualitative rather than quantitative terms (“fair”, “reasonable”). Principles are designed to be applicable across a wide range of circumstances and as used by regulators today often focus on outcomes, rather than inputs; the FCA’s Consumer Duty being a recent example. In con..."