The draft OECD Best Practice Principles for Regulatory Policy: Reviewing the Stock of Regulation [the Principles] is hereby presented for public consultation.

The aim of the Principles is to provide policymakers and civil servants in both OECD member and partner countries with a practical instrument to better design and operationalise their ex post evaluation systems. The objective is to complement the 2012 Recommendation on Regulatory Policy and Governance which, albeit clear on the importance of undertaking evaluations in the overall context of the regulatory lifecycle, is rather general on providing specific guidance.

In these Principles, particular attention is paid to ensuring that regulation is comprehensively reviewed over time, and that the reviews include an assessment of the actual outcomes achieved against their rationales and objectives. The Principles further expand on these areas by covering both the overall governance of ex post evaluation systems and individual reviews, various methodologies that can be used as assessment tools, public consultation throughout the review process, as well as capacity building and leadership.

You are invited to comment on the scope of the document, draft principles and explanatory text. Please, send us your comments electronically by 17 July 2019 to the following email address: bppexpost@oecd.org. By submitting comments you agree with publishing them on the OECD website.