LCV’s regulatory documents

To ensure consistency in actions and decision-making, LCV is implementing a suite of regulatory documents including its Strategic Plan, Regulatory Approach, and four Regulatory Policies that translate its approach to regulation into key functions.

These documents, structured in hierarchical order, aligns LCV’s strategic
goals, priorities, regulatory principles, and regulatory functions. This alignment enhances LCV’s operations as a modern and efficient regulator.

Hierarchy of regulatory documents

• Strategic Plan
  • Regulatory Approach
    • Licensing & Approval Policy
    • Education & Training Policy
    • Monitoring & Enforcement Policy
    • Evaluation & Assurance Policy

Strategic Plan

This document defines LCV’s goals and the strategic priorities it is committed to actioning.

Regulatory approach

This document outlines LCV’s overarching principles which act as a high-level guide to how LCV approaches its regulatory activities. This document sits beneath the Strategic Plan and its principles align with the goals contained in the Strategic Plan. It provides an overarching regulatory approach and part of LCV’s suite of documents.

Regulatory policy

These are four specific documents outline how LCV regulatory functions and activities are driven by the principles in the Regulatory Approach.