Regulatory Innovation Office
The question
To ask the Secretary of State for Science, Innovation and Technology, what assessment he has made of the effectiveness of the Regulatory Innovation Office in reducing regulatory approval times for emerging technologies.
Answered by Kanishka Narayan
The Regulatory Innovation Office works with regulators and government to cut approval times for game-changing tech. For example, RIOs AI Capability Fund supports regulator adoption of AI tools, streamlining their processes and speeding up decision making for novel technologies. To track success, we are working with regulators to set KPIs and milestones in RIOs first priority areas which, in collaboration with DBT, will be reviewed at regular intervals to drive performance across the regulatory system.
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