On 2012, 22 March, the Council of the OECD adopted the Recommendation of the Council on Regulatory Policy and Governance

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On 2012, 22 March 2012, the Council of the OECD adopted the Recommendation of the Council on Regulatory Policy and Governance. This Recommendation is an international instrument to address regulatory policy, management and governance as a whole-of-government activity that can and should be addressed by sectoral ministries, regulatory and competition agencies.

A copy of the Recommendation can be obtained here.

The report sets out the measures that Governments can and should take to support the implementation and advancement of systemic regulatory reform to deliver regulations that meet public policy objectives and will have a positive impact on the economy and society. These measures are integrated in a comprehensive policy cycle in which regulations are designed, assessed and evaluated ex ante and ex post, revised and enforced at all levels of government, supported by appropriate institutions.

This report has been elaborated on the base of the [October 2010 international OECD Conference on “Regulatory Policy: Towards a New Policy Agenda”->http://www.oecd.org/document/20/0,3746,en_2649_37421_45507284_1_1_1_37421,00.html] called for new principles. The Recommendation of the Council on Regulatory Policy and Governance was developed by the members of the Regulatory Policy Committee through a thorough process of public and committee engagement during 2011. It underwent a broad public consultation and benefitted from a range of helpful comments from within the OECD and from external sources, in particular from academic commentators, the Business Industry Advisory Council (BIAC) and the Trade Union Advisory Council (TUAC) and a number of OECD Committees. Where the approval of submitters was provided, public submissions have been posted on line here. Following final refinements and revisions, the draft Recommendation was approved by the Regulatory Policy Committee under a written procedure on 16 January 2012 for submission to Council.

At the end, Council formally adopted this present Recommendation.

The principles in the Recommendation provide countries with the basis for a comprehensive assessment of the performance of the policies, tools and institutions that underpin the use of efficient and effective regulation to achieve social, environmental and economic goals. Through its work programme, the OECD Regulatory Policy Committee will support countries to implement the principles in the Recommendation.

For more information on regulatory policy, please visit our website at: [www.oecd.org/regreform->http://www.oecd.org/regreform] or contact Nick Malyshev, Head of the Regulatory Policy Division ([nick.malyshev@oecd.org->mailto:nick.malyshev@oecd.org]) or Gregory Bounds, Deputy Head of the Regulatory Policy Division ([gregory.bounds@oecd.org->mailto:gregory.bounds@oecd.org]