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🚨 Our event with Sir Jon Thompson of the FRC has just kicked off! 🚨

You can watch and ask questions online or follow our live tweets, with the thread starting under this tweet. 🧵

#IfGregulation

instituteforgovernment.org.uk/event/sir-jon-…
Sir Jon will talk about 5 connected issues:

1) how does light-touch reg deal with failure?
2) how can you use your available levers to drive change?
3) How can you use your eco-system?
3) how much regulation is enough?
4) how have I managed to turn around FRC?

#IfGregulation
Talking of failure first, Sir Jon says: vast majority of companies perform well most of the time, but always small minority don't.

Always cries of "how was this allowed to happen" when company fails. But ministers always drawn to light-touch reg

#IfGreguation
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