Regulator impact accountability: guidance
Expectations for engagement by national non-economic regulators about the impact on business of changes in regulatory policy and practice.
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The government announced the Accountability for Regulator Impact (ARI) scheme in the Autumn Statement 2012. It is one of a number of measures, alongside a proposed duty for regulators to consider growth, intended to make the process simpler for businesses:
- a revised Regulators’ Compliance Code
- a Focus on Enforcement appeals review - consultation on small business appeals champions and non-economic regulators
- an initiative to promote regulator efficiency, minimise costs and create transparency around fees and charges
All these measures encourage regulators to improve the business experience of regulation, and create a regulatory environment that supports growth.
Under the scheme, non-economic regulators who are planning a significant change in policy or practice should assess and quantify the impact of that change on business. They will be expected to share their assessment with representatives of the businesses affected, discuss and if possible agree it with them before making the change, and then publish their final assessment.
By signing up to this new approach, regulators will demonstrate that their decision-making is transparent and accountable to business.
From December 2013, government will publish a summary of the changes introduced by regulators through the ARI process with its twice yearly ‘Statement of new regulation’.
Updates to this page
Published 19 July 2013Last updated 25 March 2014 + show all updates
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Added link to Focus on Enforcement appeals review to a new consultation
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First published.