As one of the key strategies for regulatory quality, the seminar focussed on how to incorporate Regulatory Impact Analysis (RIA) into the regulatory framework, what are the challenges and best practices in the actual implementation of the RIA. RIA -- the systematic assessment of positive and negative impacts of regulation and alternatives -- has helped many countries reduce regulatory costs on businesses, while maximising the effectiveness of government action in protecting public interests. It has been instrumental in improving transparency and communication with concerned interests. RIA is particularly useful to countries undergoing major reforms of their legal frameworks, as it helps explore alternatives and provides relevant information to select the best option.
Please consult the final agenda for further details.