Forum on competition and regulation: In pursuit of market efficiency
Comments on the draft OECD Best Practice Principles on Stakeholder Engagement in Regulatory Policy are to be sent to firstname.lastname@example.org by 15 March 2017.
OSINERGMIN, the Supervisory Agency for Investment in Energy and Mining of Peru, advances in transparency and accountability to improve its regulation.
This publication identifies the main regulatory obstacles of the following transport sectors in Mexico: road transport, railways, ports, border crossing, and airway passengers. The report also offers recommendations to improve the quality of the regulatory framework of these sectors.
The Municipality of Torreon has reached 49% progress in implementing the 267 recommendations delivered by OECD to improve its regulatory framework.
OECD will measure the impact of digitalising the Mexican Social Security Institute formalities and guide future efforts on simplification
Regulators are proactive referees of the sectors they regulate, contributing to the delivery of essential public utilities for citizens. To fulfill this function, they need to be constantly alert, checking sectoral trends as well as assessing the impact of their decisions. However, while measuring regulators’ performance is essential, it is also challenging, from defininig what should be measured to attributing impacts to regulators' decisions. To address these challenges, the OECD has developed an innovative framework that looks at the institutions, processes and practices that help regulators assess their performance. The framework has been applied to Latvia's Public Utilities Commission, which is responsible for regulating energy, communications, water and waste. The review offers unique insights into the work of a multi-sector regulator, identifying the organisational features that allow lessons and experiences to be shared across sectors and contribute to good performance. It highlights the importance of clarifying the role and functions of the regulator and its relationship with other public institutions, setting long-term strategic objectives for the regulator's activities, and having the right regulatory tools with appropriate incentives for the efficient and effective provision of public utility services.
Regulation is one of the key levers of government intervention. When properly designed, it can help achieve environmental and social objectives, and contribute to economic growth. The OECD Review of Regulatory Policy of Peru assesses the policies, institutions, and tools employed by the Peruvian government to design, implement and enforce high-quality regulations. These include administrative simplification, evaluation of regulations, public consultation, and the governance of independent regulators, amongst others. The review provides policy recommendations based on best international practices and peer assessment to strengthen the government’s capacity to manage regulatory policy.
Regulators operate in a complex environment at the interface among public authorities, the private sector and end-users. As “referees” of the markets that provide water, energy, transport, communications, and financial services to citizens, they must balance competing wants and needs from different actors. This means that they must behave and act objectively, impartially, and consistently, without conflict of interest, bias or undue influence - in other words, independently. What distinguishes an independent regulator is not simply institutional design. Independence is also about finding the right balance between the appropriate and undue influence that can be exercised through the regulators’ daily interactions with ministries, regulated industries and end-users. This report identifies the critical points where undue influence can be exercised at different moments in the life of a regulator and discusses some of the avenues for developing a culture of independence, including through interactions with stakeholders, staffing and financing.
The Deepwater Horizon oil spill in 2010, and the 2008 financial meltdown—whose aftershocks are still reverberating globally—have at least one trait in common: they reflected breakdowns in the regulatory process. This is not to say that the principal industry actors in both catastrophes were mere bystanders, but with better regulatory oversight, the disasters could have been prevented.