Why do we favour light-touch regulation, or none at all?
by Bregs Blog admin team
In the following article from the Irish Examiner on 18th March 2014 Fergus Finlay explores why we prefer “light-touch” regulation in Ireland. This article is very applicable to the new Building Control (Amendment) Regulation (SI.9 of 2014) which reinforces “light-touch” self-regulation in the construction industry. Link to article here: why do we irish favour so called “light touch regulation” or none at all
Given that the construction industry is a €10bn business, a multiple of the charity sector (€1.8bn), we wonder why in the light of much quoted pyrite and priory hall scandals no similar call to end self-regulation has been made? In a previous post we noted the calls for an charity industry regulator after recent charity scandals surfaced in the media (link here: what do the charity sector and the construction industry have in common?).
Quote from post: One radio pundit was astonished that the charity industry with an estimated €1.8bn annual value is self-regulated, with no independent government oversight. Imagine an industry sector four times this size which also is self-regulated. This is the construction industry…
A number of the submissions made by major consumer groups to the department in 2012 when SI80 was being formulated made specific reference to the requirement for comprehensive, independent local authority building inspections. Astonishingly these requests have been disregarded…
This is the time to aim to introduce a proper building control inspectorate for buildings with 100% inspection rates- now when the industry is at a low output and a new system can be bedded in. To have such huge part of our economy with no independent government oversight is simply not acceptable: it would not be tolerated in any other sector.