OECD Regulatory Compliance Cost Assessment Guidance

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Publication Date :
28 Apr 2014
Pages :
9789264209657 (PDF) ; 9789264209640 (print)

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Governments across the OECD and beyond are increasingly concerned with controlling and reducing regulatory costs in order to create a more favourable business environment, thereby improve the conditions for inclusive growth. They must work to systematically adopt better regulatory choices, ensuring that the most cost-effective and efficient options are chosen in all areas of regulation. A key component of regulatory costs are the costs associated with regulatory compliance. This guidance document provides a practical, technical and user-friendly guidance on measuring and reducing compliance costs of regulation in OECD countries.

Table of Contents

Introduction 7
Chapter 1. A taxonomy of regulatory costs 11
-Overview 11
-Conclusion 15
Chapter 2. Categories of substantive compliance cost 17
Chapter 3. Process for completing a compliance cost assessment 21
-Preliminary assessment of regulatory scope 22
-Identify data sources and strategies to be used 26
-Select appropriate methodological approaches to cost estimation 29
-Process analysis 30
-Develop an appropriate base case 40
-Calculate estimates of each type of compliance cost 42
-Conduct sensitivity analysis if required 46
-Review estimates, identify cost drivers, consider need/potential to revise proposal 47
-Present the results 48
-Publish the results of compliance cost assessment 50
-Conduct ex post validation 51
Annex A. Additional guidance on selected topics 55
-Cost attribution 56
-Top-down vs. bottom-up approaches 57
-Estimating compliance costs borne by citizens 60
-Ex ante vs. ex post compliance cost assessments 61
-Checklists of potential regulatory compliance activities 62
-Summary of methodological approaches for valuing compliance costs 64
-Conducting sensitivity analysis 68
Bibliography  71