Private security industry: future regulatory regime: impact assessment

Document type
Impact Assessment
Corporate author(s)
Great Britain. Home Office
Publisher
Home Office
Date of publication
1 May 2012
Subject(s)
Social Policy
Collection
Social welfare
Material type
Reports

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This impact assessment, accompanying a consultation on the same issue, considers three potential policy options for reforming the regulation of the private security industry. The first, baseline, option is to do nothing and continue with the currently regulatory regime. The second, and preferred, option is a phased transition to a new regime focused on business licensing with individual registration. The third option considered is to remove all statutory regulatory controls. This document considers the economic impact, the need for legislation to be introduced or altered, the social affects, risks and benefits, and the key assumptions, sensitivities and risks associated to each option. The second option is considered as the preferred option as a transition to a business licensing regime would reduce the overall cost and regulatory burden on businesses working in the private security industry, reduce criminal and poor practice within the industry, achieve greater public protection benefits, build on previous investment in the industry and increase support for law enforcement partners, particularly those focused on disrupting serious and organised crime.

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