What are the 4 major functions in a regulatory system?

Regulatory systems are made up 4 major functions. These are the control functions, monitoring functions, surveillance functions and the enforcement functions.

What is the Governance Cube?

We developed a framework called the governance cube a few years ago to help multi disciplinary teams build a common understanding of government systems. It looks at government systems as having 3 dimensions. These dimensions are:

Governance Domain: these are the places where constraints can be imposed on a system to influence the behaviour of the entities operating within it;

Governance Functions: these are the tasks that are carried out by governments to ensure the entities adhere to the rules;

Governed Entities: these are the entities whose behaviour we are trying to govern.