Better Regulation – meeting the challenges of the 21st Century
28-29 June 2022
Better Regulation, or regulatory policy, has developed rapidly over the last 20 years and policy development is now widely benefitting from the use of regulatory management tools. The substantial evolution of regulatory policy has been inspired and motivated by innovations and international exchanges of practices across jurisdictions, including in the context of the regulatory policy work of the OECD and the foundational 2012 OECD Recommendation on Regulatory Policy and Governance. Yet there are still many areas for improvement. Regulatory frameworks are still mostly designed to serve domestic policy purposes, whereas better co-operation across borders is an imperative for meeting better the demands from the global challenges of the 21st Century: Economic recovery, sustainable trade, health crisis, climate crisis, green and digital transition all require international solutions and frameworks. There is increasingly a need for all jurisdictions participating in multi-level regulatory environments to look beyond borders and into the interaction of regulatory policies and practices across jurisdictions. Within the EU system itself, there is potential for creating synergies and sharing better the evidence base for EU regulations. Moreover, regulatory tools need to capture the combined effect of regulations – in particular on citizens, civil society and businesses, especially small and medium-sized enterprises. They must also be designed for such complexity in an ever-changing context and ensure that they spur growth and innovation, remaining simple, efficient, and proportionate.
This conference offered participants an opportunity to discuss solutions and ways forward on improving the quality of regulations, with a particular focus on improving the efficiency of legislation and its capacity to address complex problems and be fit for tackling future challenges. The Better Regulation Practices across the European Union 2022 report is a starting point to address some of the current global challenges. The report provides an in-depth assessment of the application of the proportionality principle and information on how EU Member States conduct regulatory impact assessment in practice. These topics were further explored during the conference, along with discussions on the use of regulatory management tools when negotiating and transposing EU laws, and how the use of better regulation can simplify the regulatory environment for businesses.
For further information, please contact email@example.com, Measuring Regulatory Performance Division.
This conference was hosted by the European Commission in Brussels.