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Regulatory policy

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Review of International Regulatory Co-operation of the United Kingdom

International regulatory co-operation (IRC) provides an opportunity for countries to consider the impacts of their regulations beyond their borders, to expand the evidence for decision-making, to learn from the experience of their peers and to develop concerted approaches to challenges that transcend borders. This review documents the context of IRC policies and practices in the United Kingdom. It covers both the UK’s unilateral efforts to embed international considerations in domestic rulemaking and its bilateral, regional and multilateral co-operative efforts on regulatory matters. In addition, the review provides a snapshot of IRC in practice in the United Kingdom with four case studies on financial services, nuclear energy, medical and healthcare products and product safety. At a time when IRC is an increasingly essential, yet largely untapped, tool for addressing transboundary policy challenges, this review offers valuable lessons to countries within the OECD and beyond.

Published on May 04, 2020

TABLE OF CONTENTS

Foreword
Abbreviations and acronyms
Executive summary
Key terms used in the report
Context of IRC policies and practices
Embedding the international environment in the rule-making machinery
Regulatory co-operation practices and tools
Sectoral case studies
Assessment and recommendations
What is international regulatory co‑operation (IRC)?
Sectoral coverage of mutual recognition agreements of EU
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