Interactive Glossary

BROWSE:

Regulatory accountability:

A regulatory agency follows procedures that are periodically reviewed by another government organization, such as a legislative committee, a Ministerial task force, or a government accounting office. The review attempts to ensure that resources are being used effectively and that the agency is implementing public policy. In addition, appeals procedures for decisions (for example, through the judicial system) provide another review mechanism-this time regarding whether the law is being applied correctly. Such oversight provides a check on the independent regulatory commission-giving legitimacy to decisions.

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