Regulatory Policy Committee: 6 month BIT report opinions
Impact assessment opinions based on external, independent scrutiny of new regulation by the Regulatory Policy Committee.
- From:
- Regulatory Policy Committee
- Published
- 7 March 2016
Documents
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Details
Regulatory proposals are accompanied by an impact assessment (IA), which assesses and estimates the likely costs and benefits, as well as presenting the associated risks, of a regulatory proposal that has an impact on business, civil society organisations, the public sector or individuals. Following scrutiny of an IA the RPC provides an opinion on the quality of analysis and evidence presented in the IA. This opinion then informs the decisions of ministers as to whether or not they should proceed with the proposal.
Guidance on the issues the RPC considers when scrutinising an IA can be found here.