Regulatory policy is about achieving government's objectives through the use of regulations, laws, and other instruments to deliver better economic and social outcomes and thus enhance the life of citizens and business.
Recommendation of the OECD Council on Regulatory Policy and Governance
The Recommendation is the first international instrument to address regulatory policy, management and governance as a whole-of-government activity that can be addressed by sectoral ministries, regulatory and competition agencies.
The Recommendation sets out the measures that Governments can and should take to support the implementation and advancement of systemic regulatory reform to deliver regulations that meet public policy objectives and will have a positive impact on the economy and society.
Read the Recommendation of the Council on Regulatory Policy and Governance.