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Regulatory policy

Learning from Australia’s oversight of Regulatory Impact Analysis (RIA)

 

OECD discussions surrounding regulatory management systems have often been focussed on identifying best practices and solutions. Examples of where rigorous regulatory impact analysis has not been undertaken, on the other hand, have often been left out of the conversation, despite their strong illustrative power.

 

On March 10, 2021, the OECD invited the Office of Best Practice Regulation (OBPR) in Australia to share the country’s recent experience in this respect: in 2020, the quality of analysis undertaken for three decisions was insufficient to meet their RIA settings for the first time since 2013. Given this experience, the OBPR presented valuable information on what it meant when the quality of regulatory impact analysis was insufficient and what steps could be taken to address related shortcomings.

 

OBPR also presented a short segment on the development of a bespoke content and workflow management system that would go on to support OBPR’s RIA oversight function. This system, which is currently under development, will offer new avenues for Australia to both strengthen and advance their capacity to support rigorous RIA effectively.

 

Delegates and selected discussants were invited to offer comments and ask questions regarding both Australia’s oversight and innovative IT system.

 

You can find the summary record in English here and the presentations below.

 

Contact

For further information, please contact Daniel Trnka, OECD Regulatory Policy Division.

 

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