Regulatory Advice and Support
As part of a new pilot, we are working closely with all Northamptonshire based regulators (e.g. councils and local authorities) to connect businesses to professional, trusted regulatory advice and support to ensure they stay compliant with the most up to date legislation. This advice and support can be provided informally or via a legally recognised partnership through the ‘Primary Authority’ scheme.
Why should your business work with local regulators?
Whatever business you operate, there will be regulations you need to comply with, these could be national and/or local requirements. Regulations are in place to make sure both your business and customers are safe.
It is important for everyone (customers, business owners, suppliers, and regulators) that businesses deliver the best possible standards. Therefore, by knowing what is required of them businesses ensure that they fully conform. The pilot offers the opportunity for consultation and education between businesses and Local Authorities to provide the help and support required on an individual basis.
The benefits of working with local regulators include:
- Access to trusted, qualified professionals
- Improved business efficiency and profitability
- Regulators can help your business avoid the pitfalls on a number of areas including:
What is a Primary Authority Scheme?
The scheme allows businesses to form a legally recognised partnership with one local authority – the ‘Primary Authority’ – in order to receive tailored support in relation to one or more specific areas of law. This partnership is designed to help businesses reduce their costs using a more efficient method of complying with their legal requirements. The Primary Authority Scheme provides:
Participating in Primary Authority can give your business greater confidence in your regulated activities and reduce your risk of contravening legislation. Provided that you follow the advice you are given, you can be confident that you are complying with the law.
What does assured advice mean?
Assured advice means that once the advice has been implemented the business can have confidence that it is compliant and that another regulator can’t require it to comply in a different way.
What are the benefits of a Primary Authority Partnership for my business?
Who can enter a partnership?
Partnerships are available to any type of business, whether starting out or established, as well as other types of organisation such as charities and trade associations.
Regulators are welcoming an open discussion and new business enquiries. Therefore, each partnership is tailored to the business size, type and issues it faces.
Could your business benefit from the support available?
Contact SEMLEP’s Growth Hub today on 01604 212696 or email email@example.com to find out more.