Review of the UK’S anti-money laundering regime examining aspects which make it less effective whilst imposing unnecessary burdens
The Cutting Red Tape programme allows Business to tell Government how it can cut red tape and reduce bureaucratic barriers to growth and productivity within their sector. You can also tell us which sector you think we should review in the future.
Cutting Red Tape
Cutting Red Tape aims to get rid of unnecessary bureaucracy. It intends to shine a light on out of date legislation and confusing implementation of it, such as unhelpful government guidance or needlessly complex inspection regimes, to ensure they make sense. It builds on the successes of Red Tape Challenge and Business/Focus on Enforcement. Together, these programmes identified ways in which legislation or its implementation could be simplified or scrapped. And they have had some big successes:
- Over 2,400 regulations scrapped through the Red Tape Challenge
- Saving home builders and councils around £100m by reducing 100s of locally applied housing standards to 5 national standards
- £90m annual savings to business from Defra reducing environmental guidance by over 80%
- Businesses with good records have had fire safety inspections reduced from 6 hours to 45 minutes, allowing managers to quickly get back to their day job.
- Childcare providers now have to read 33 pages of need to know guidance instead of wading through over 1,100 pages.
How it works
Cutting Red Tape wants to work with business, for business. We intend to run a rolling programme of sector based reviews, shining a light on the red tape and bureaucracy that affects individual sectors and businesses within them.
We want to hear your views on how and where things do not work and have your support to make them work better. Sector reviews are live and open for comment and we need your views. We also want to hear your views on which other sectors suffer from red tape and why we should conduct a review there in future.
Comments will appear on individual review pages once moderated and all comments received before the closing date will inform the review findings. Key findings will shape an action plan and reform programme to be taken forward by departments and regulators.
If you want to suggest ideas for future sector reviews and why, please email us at email@example.com
What we do
The Cutting Red Tape team is part of a joint team, working across the Department for Business, Energy and Industrial Strategy and Cabinet Office.
We work with industry, Departments and regulators in a collective effort to identify unnecessary regulation and poor implementation of it and drive reform.
- updated 3 March 2016
- updated 2 December 2015
- updated 28 August 2015
- updated 16 July 2015
- updated 10 July 2015
- updated 10 July 2015