Executive Summary

The 2012 OECD Recommendation of the Council on Regulatory Policy and Governance demonstrates that good regulatory management helps stimulate economic activity at both domestic and international levels. A well-functioning regulatory framework enables efficient markets and helps protect citizens against financial, economic and societal uncertainties. Law drafting techniques and procedures have a direct impact on the effectiveness of legislation and regulatory quality. Transparent and coherent legislative drafting procedures help promote public participation in the rule-making process, foster trust in the justice system, reinforce the rule of law and create an enabling business environment where citizens and businesses can identify their rights and obligations.