This document sets out the approach we intend to follow in exercising our statutory powers to take regulatory action. It will be of interest to those whom we regulate and to others who have an interest in our approach to regulation. From time to time we will re-evaluate our approach to taking regulatory action and revise or update this document as appropriate.

This document forms part of the Qualifications Regulatory Framework, which sets out how we intend to perform our monitoring and enforcement functions.

We have different duties and powers with regard to regulated qualifications and to regulated assessment arrangements. In this document we address only the regulatory action we can take in respect of AOs and the regulated qualifications they award.

We do not deal here with our role in relation to regulated assessment arrangements - our approach to the performance of these duties is set out elsewhere.