Our regulatory approach, explained

Read our regulatory approach statement to understand how we perform our role what to expect from us

Monday, 24 October 2022 at 4:46 am

To improve your understanding of our role and how we perform it, we have published a regulatory approach statement.

The statement sets out our high-level regulatory approach. It includes our regulatory purpose and principles, who we regulate and how we regulate.

The statement also explains elements of our regulatory toolkit, including:

  • approvals and registration
  • support to comply
  • risk-based targeting
  • referrals, information sharing and partnering
  • monitoring compliance
  • remedies and sanctions
  • accountability for our decisions
  • informing mandatory standards
  • education.
VRQA Regulatory Approach Statement 2022
PDF 2.35 MB
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