The Department views its role as supporting coordination and dissemination of best practice across the regulatory system. However, it told us it is the responsibility of individual sponsoring departments to provide appropriate governance of regulatory bodies, including oversight of value for money.23 It also confirmed that government has a role to play in setting the strategic and legislative frameworks that enable regulators to do their jobs effectively.24 23 Q 71 24 Q 87 12 Principles of effective regulation 2 Understanding the costs and benefits of regulation Measuring regulatory costs and benefits