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05 March 2012

"New frontier" for smart regulation

Apologies to readers, having been on leave for a week, I missed reporting in time on the EU Council's views on the "new frontier" of smart regulation, a new reference official document that all experts should consult (and meditate?).
At the Competitiveness Council meeting on 20 February, ministers adopted conclusions on a future smart regulation agenda with a strong end-user focus, following repeated invitations by the European Council in 2011 "to further concentrate efforts to reduce the overall regulatory burden".
Some new language can be noted: alongside economic growth, legal certainty and predictability are added to the objectives of smart regulation. Again regulation is approached from the angle of its economic impact, and improvemens must seek an overall reduction of regulatory burdens (not only administrative burdens). Also the conclusions flesh out how evaluation is to be used in pursuit of smart regulation goals.

The confirmation of the importance of smart regulation for the growth and competitiveness agenda, with a focus on "end users," owes a lot to the convincing case made by the Danish presidency.

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