If legislation for responsible business conduct (RBC) is to be effective, compliance must be properly enforced. In this position paper, the MVO Platform presents a proposal for setting up a public, independent regulator, as part of the smart mix of binding and voluntary policy instruments to promote RBC. The regulator’s task will be to inform businesses on how to comply with the law, assess their compliance with the law and subsequently determine the most appropriate follow-up steps.
Photo: Clyde Robinson (Flickr, CC)
