Activity Details

Regulatory Impact Analysis (RIA)

  Online   |         |     10:00 - 13:00   |     Activity Completed
2024017
375.0 SAR
English and Arabic
GCC Standardization Organization (GSO)
Open   Listed
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Overview

Governments and regulatory authorities need to work systematically to ensure that the regulation they develop and implement is of high quality. Poor quality regulation increases compliance costs for business and citizens, leads to unnecessary complexity and associated uncertainty as to regulatory obligations and reduces the ability of government to achieve its objectives.

Regulatory Impact Analysis (RIA) is a tool to improve regulatory quality. RIA helps to systematically identify and assess the expected effects of regulatory proposals, using a consistent analytical method. RIA is integrated with a public consultation process to provide better information to underpin the analysis and give affected parties the opportunity to identify and correct faulty assumptions and reasoning. RIA is now used in all OECD countries with a worldwide growing trend.

The purpose of this seminar is to provide delegates with an introduction to planning, implementing and managing RIA. Each element will be explained through a theoretical presentation, illustrated by real examples from OECD and MENA countries, which will be followed by group work. The seminar is highly interactive and delegates are encouraged to share experiences as much as possible.

At the end of this seminar the delegate should:

1. Have an informed understanding about the RIA framework and its practical implications

2. Be able to develop and display the acquired knowledge through group work

 Target group:

Representatives of the GSO member states and regulation authorities

Course Content

  • Definition of Regulatory Impact Analysis RIA
  • Context: Regulatory Policy and Governance - OECD Recommendations
  • How do the ideas presented resonate with the participants?
  • What are the factors in common with the regulatory techniques of the participants?
  • What lessons can be drawn from the experiences presented?
  • OECD Good Practices in Problem Definition, Policy Options and Assessing the Impact
  • Group exercise: Assessing the Impact
  • Case Study: Example of a RIA in France
  • Consultation, Compliance and Enforcement
  • Exercise: Building a practical framework for RIA

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-Regulatory Impact Analysis (RIA) is a fundamental tool to help governments to assess the impacts of regulation. RIA is used to examine and measure the likely benefits, costs and effects of new or existing regulation. The implementation of RIA supports the process of policy-making by contributing valuable empirical data to policy decisions, and through the construction of a rational decision framework to examine the implications of potential regulatory policy options. This is an important factor in responding to the impact on modern economies of open international markets and budgetary constraints, and the consequences of competing policy demands. A key feature of RIA is its consideration of the potential economic impacts of regulatory proposals. RIA is an essential policy tool for regulatory quality. The overall aim of RIA is to assist governments to make their policies more efficient. The use of RIA can contribute to the policy-making process by promoting efficient regulatory policy