Intermediaries in Regulatory Governance
Rule intermediaries can be private sector actors, such as for-profit accreditation agencies or accounting firms; civil society groups, such as NGOs with an interest in the issue at hand; or governmental bodies, such as administrative agencies or international organizations. Even states can be intermediaries acting as go between other states and organizations, for example, with a mandate of the UN Security Council. In principle, any actor – public or private, domestic or international – can act as a regulatory intermediary. Intermediaries play varied roles in regulation, from providing expertise and feedback to facilitating implementation and building communities of assurances, trust and compliance.