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In this month’s Institute of Regulation podcast, Marcial Boo speaks with Charity Commission CEO David Holdsworth and FRC Executive Director Mark Babington about how regulators can be both consistent and fair when overseeing organisations of very different sizes. They discuss the challenge of applying the same rules to entities ranging from sole traders to global firms, and how proportionate regulation, clear guidance, and an understanding of smaller organisations’ needs can support fairness. The conversation explores how regulators assess risk, reduce administrative burdens, and maintain public confidence, while keeping regulation stable and under review. They also highlight the value of collaboration between regulators. Keywords: UK regulation, regulatory fairness, proportional regulation, Charity Commission, Financial Reporting Council, Institute of Regulation, risk assessment, balancing regulatory standards, reducing regulatory burden