House of Commons · Written Ministerial Statement
Announcing the Regulatory Innovation Office
08 October 2024 · Department for Science, Innovation and Technology
Proposed by Peter Kyle Lab Hove and Portslade
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The Regulatory Innovation Office will be established within DSIT to support technological innovation in the UK.
- The RIO will focus on three core pillars: knowledge enhancement, strategic priorities, and capability building.
- The office aims to address key areas including drones, engineering biology, space technology, AI in healthcare, and digital advancements.
Issue summary
The statement is about the establishment of a new Regulatory Innovation Office (RIO) to support technological innovation in the UK by reducing regulatory barriers.
Action requested
The RIO will be set up within DSIT, with three core pillars focusing on knowledge enhancement, strategic priorities for regulatory innovation, and capability building. The office aims to address key areas such as drones, engineering biology, space technology, artificial intelligence in healthcare, and digital advancements. A Chair is to be appointed soon.
Key facts
- Regulatory Innovation Office (RIO) will support technological innovations.
- RIO has three core pillars: knowledge enhancement, strategic priorities, capability building.
- Priority areas include drones, engineering biology, space technology, AI in healthcare, digital advancements.
- Drone economy projected to be worth up to £45bn by 2030 if fully adopted.
- Regulators will collaborate with relevant departments like Transport, Health and Social Care, Environment Food and Rural Affairs.