regulatory impact assessment (ria) guidelines - It's More Fun in the ...
regulatory impact assessment (ria) guidelines - It's More Fun in the ...
regulatory impact assessment (ria) guidelines - It's More Fun in the ...
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PHILIPPINES - REGULATORY IMPACT ASSESSMENT (RIA) GUIDELINES<br />
DRAFT – FOR DISCUSSION AND FINALISATION<br />
5.3 Compatibility with O<strong>the</strong>r Regulations<br />
All new regulation should be compatible and consistent, to <strong>the</strong> extent possible, with exist<strong>in</strong>g regulations.<br />
Assess<strong>in</strong>g compatibility with exist<strong>in</strong>g regulations provides an opportunity to consider whe<strong>the</strong>r <strong>the</strong> exist<strong>in</strong>g regulation can be simplified, repealed<br />
or consolidated.<br />
5.4 Stakeholder Consultation<br />
Consultation with affected stakeholders is critical at all stages of <strong>the</strong> <strong>regulatory</strong> development and review process. Affected stakeholders can be<br />
<strong>in</strong> bus<strong>in</strong>ess, community and government.<br />
Comments and feedback from affected stakeholders are critical to <strong>the</strong> <strong>regulatory</strong> development and review process because it assists with:<br />
• Understand<strong>in</strong>g of <strong>the</strong> problem, its significance and possible risks<br />
• Provid<strong>in</strong>g perspectives and suggestions on alternate options to address <strong>the</strong> problem<br />
• Identify<strong>in</strong>g and assess<strong>in</strong>g compet<strong>in</strong>g <strong>in</strong>terests<br />
• Provid<strong>in</strong>g a check on <strong>the</strong> regulator’s <strong>assessment</strong> of costs (<strong>in</strong>clud<strong>in</strong>g compliance/adm<strong>in</strong>istrative costs) and benefits and whe<strong>the</strong>r/how <strong>the</strong><br />
proposed option will work <strong>in</strong> practice<br />
• Identify<strong>in</strong>g <strong>in</strong>teractions between different types of regulations.<br />
Stakeholder consultation can reduce <strong>the</strong> risk of <strong>the</strong> regulation not achiev<strong>in</strong>g its policy objective and un<strong>in</strong>tended consequences, and can help<br />
greater understand<strong>in</strong>g with those <strong>impact</strong>ed and <strong>the</strong>ir subsequent compliance with <strong>the</strong> regulation.<br />
Under <strong>the</strong> Philipp<strong>in</strong>es Pilot RIA system, regulat<strong>in</strong>g departments should ensure:<br />
• There has been adequate consultation with affected stakeholders to support <strong>the</strong> <strong>in</strong>formed completion of <strong>the</strong> PIA<br />
• Affected stakeholders, where possible, are provided advance notice of upcom<strong>in</strong>g consultation activities via <strong>the</strong> pilot department’s website<br />
• A m<strong>in</strong>imum period (eg., 30 days) is allowed for all public consultation on RIS documents<br />
• Where approved for release, all f<strong>in</strong>al RIS documents are published on <strong>the</strong> pilot department’s website<br />
• The onl<strong>in</strong>e register on <strong>the</strong> pilot department’s website lists all approved regulations for public access and availability.<br />
Version 4.0 23 July 2012 DRAFT Page 23/24