The Home Office has released its Triennial Review Security Industry Authority. The review considered the relevance of both the regulatory regime and the regulator. The review evaluates SIA performance against the purpose of the Private Security Industry Act 2001, which sought to offer protection to the public, and professionalise the private security industry.

The SIA’s purpose is to regulate the private security industry, to reduce criminality, to raise standards, and to recognise quality service. It currently has three main functions: the compulsory licensing of individuals undertaking designated activities; compliance checks; and managing the voluntary Approved Contractor 5 Scheme (ACS), which measures private security suppliers against independently assessed criteria. These functions taken together are intended to fulfil an important role in reducing risk of harm to the public, and damage to, or loss of, property and possessions.

The SIA regulates over 300,000 individuals in the private security industry and issues over 100,000 licences per annum. This is administered by an organisation of around 200 staff at an annual cost of approximately £26m.

The SIA regulates a number of distinct sectors or sub-sectors of the private security industry, including close protection, public space surveillance (CCTV) and cash and valuables in transit. The largest regulated workforce is nightclub door supervisors. The SIA works alongside police forces to tackle organised crime in the industry and also work closely with HMRC to ensure tax compliance.

There are 12 recommendations to lead to both better and less regulation. Ranging from continuous regulation, performance and standard improvement and move towards greater public protection.