OECD officials and international experts met at this workshop to provide analytical tools to improve the quality of regulations in Mexico with the aim of fostering competitiveness, innovation and economic growth.

HIGHLIGHTS OF THE WORKSHOP

• Use of the principle "risk-based regulation" to carry out risk analysis within the framework of Regulatory Impact Assessment (RIA).
  
  Under this principle, the extent of regulatory response relates to the risks sought to be managed or minimised. Economic activities that pose larger risks for human health, plants, or animal health, safety in transport, or in the financial system, require larger regulatory responses.

• Provide participants with the skills and capacities to determine the adequate regulatory response, depending on the risk to mitigate.

• In line with best international practices in Mexico, RIA should be prepared by regulators when proposing new regulation.
  
  COFEMER evaluates RIAs to ensure that regulations meet quality criteria, and that benefits generated by them are larger than their costs. In 2012, COFEMER, following best international practices recommended by OECD, included a more detailed risk analysis as an essential part of RIA and has been implementing it since March 2013.

• Regulatory policy in Mexico
• Regulatory impact assessment
• Regulatory policy and governance