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12 March 2015

British regulatory watchdog publishes 5-year report

The Regulatory Policy Committee (RPC) published on 3 March a comprehensive report on its action since the beginning of this Parliamentary term. Since 2010 the regulatory watchdog has scrutinised over 1,200 regulatory proposals affecting business and civil society organisations, of which 951 became law. This resulted in the RPC issuing just over 2000 opinions on the quality of the evidence base supporting these proposals. It claims that this scrutiny led to the withdrawal or modification of draft legislation saving business £2.2 billion per year in administrative burdens.
In parallel, the RPC has just been strengthened with the appointment of four new members, while retaining its chairman Mr Michael Gibbons.

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