The 76-page partial Regulatory Impact Assessment looks at a series of options for regulating both the private investigation and precognition agent sectors.
Under a remit set out in the Private Security Industry Act 2001, the SIA has to decide whether to license both sectors or continue to allow them to self-regulate.
On Wednesday, the SIA began a three-month consultancy period with the industry which is expected to conclude on the 24th October. The Home Office will then decide how the two sectors will be regulated.
If you would like to download a copy of the entire Regulatory Impact Assessment, click here.
