It is a very important fact that an independent regulator can be
accountable.
Independent means a person who is taking decisions by their own and
there is no involvement of any authorities or any other
agencies.
Independent organisations are also taking decisions by Consulting
their policies and they do not involve anybody or any Organisation
in their decision making process.
That's why it is clearly said that independence Can be a regulator,
meaning a person or an organisation who can regulate the plans,
policies and activities.
Independent factor cannot be accountable to anybody because there
is no authority or any organisation who is going to monitor the
activities of the concerned factor.
Without monitoring and without checking anything then there is no
accountability generated for any individual or any
organisation.
Accountability is always related with the responsibility and
responsibility can only be generated by applying a common factor
that is applicable under the guideline on the guidance of some pre
estimated and predefined policies.
Therefore this statement is true that independence can be a
regulator while being accountable.
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