The Governance of Regulators Driving Performance at Peru's Energy and Mining Regulator

Description

As “market referees”, regulators contribute to the delivery of essential public utilities. Their organisational culture, behaviour and governance are important factors in how regulators, and the sectors they oversee, perform. The report uses the OECD Performance Assessment Framework ... Foreword Acknowledgements Acronyms and abbreviations Executive summary Role and objectives Key recommendations Input Key recommendations Process Key recommendations Output and outcome Key recommendations Assessment and recommendations Introduction High-level message Role and objectives Osinergmin’s mandate Recommendations: Institutional co-ordination Recommendations: Strategic objectives Recommendations: Input Financial resources Recommendations: Human resources Recommendations: Process Decision making Recommendations: Internal organisation and management Recommendations: Regulatory quality processes Recommendations: Inspections, enforcement and compliance Recommendations: Appeals Recommendation: Transparency and accountability Recommendations: Output and outcome Performance of the regulator Recommendations: Performance of the regulated entities Recommendations: Note References Chapter 1. Regulatory and sector context Institutions Executive Presidency of the Council of Ministers (PCM) Ministry of Economy and Finance (MEF) Ministry of Justice (MINJUS) Ministry of Energy and Mining (MEM) Agency for Environmental Assessment and Control (OEFA) National Superintendence of Labour Inspections (SUNAFIL) Independent agencies Regulatory authorities Competition and consumer protection authority Legislature Sub-national governments Judiciary Supreme Audit Institution Regulatory process and policy Legislative process Rule-making process in the executive body Sector reforms and market overview Energy Hydrocarbons sector Electricity sector Mining Notes References Chapter 2. Governance of Peru’s energy and mining regulator Role and objectives Osinergmin’s mandate Functions and powers Supervision, enforcement and inspections Tariff setting Dispute resolution Co-ordination International co-operation Independence Relations with the government Relations with the regulated sector Strategic and operational objectives Input Financial resources Managing financial resources Human resources Recruitment Senior management recruitment Remuneration Talent recruitment, retention and training Performance assessment and training Code of ethics Process Decision making and governance structure President of the Board of Directors General Manager Organisational structure User protection Regulatory quality Regulatory impact assessments Stakeholder engagement Ex post reviews Regional offices Enforcement and inspections Appeals Transparency and accountability Transparency Accountability to Congress Output and outcome Measuring and assessing the performance of regulated entities Assessing the performance of the regulator Notes References Annex 2.A. Strategic Plan and Indicators Annex 2.B. Perception Survey of Regulated Companies Analytical framework Performance indicators Approach References Annex A. Methodology Blank Page