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PHILIPPINES - REGULATORY IMPACT ASSESSMENT (RIA) GUIDELINES DRAFT – FOR DISCUSSION AND FINALISATION Administrative Orders, Implementing Rules and Regulations, and Memorandum Circulars of the Secretary These regulatory proposals relate to sector-specific matters and are approved/issued by the Secretary of the Department. An overview of the law making approval process for Administrative Orders, Implementing Rules and Regulations, and Memorandum Circulars subjected to RIA is set out below. TO BE FINALISED Executive Orders and Issuances of the President Under the Administrative Code of 1987, the President can issue executive orders and other ordinances. These regulatory proposals are usually used to enable the implementation or execution of constitutional or statutory powers. An overview of the law making approval process for Executive Orders and Issuances subjected to RIA is set out below. TO BE FINALISED Republic Acts of Congress Under the Constitution, Congress is vested with the highest law-making powers and is responsible for the development of Republic Acts.he TO BE FINALISED Version 4.0 23 July 2012 DRAFT Page 8/24
PHILIPPINES - REGULATORY IMPACT ASSESSMENT (RIA) GUIDELINES DRAFT – FOR DISCUSSION AND FINALISATION OVERVIEW OF RIA REGIME IN PHILIPPINES 3.1 Scope of RIA Application Initially, the RIA system will apply, at a minimum, to proposed nominated Acts and Orders that impact business, community or government. Other proposed regulations (including via other instruments such as regulatory guidelines and resolutions) may be subject to the RIA system at the discretion of the relevant decision-maker and may be required more generally at a later date. In the initial stage of the pilot, RIA will be applied to only a select number of regulatory proposals to test the appropriateness of the structure and design of the RIA regime for the Philippines unique circumstances. 3.2 Key Documents in RIA Process Regulatory Proposal (acts/IRRs/orders/ memorandums) PIA (Preliminary Impact Assessment) Not Significant Impact RIA Guidelines Significant Impact RAS (Regulatory Assessment Summary) + Regulatory Proposal Decision Maker RIS (Regulatory Impact Statement) Significant Impact Version 4.0 23 July 2012 DRAFT Page 9/24
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