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OECD Regulatory Policy Outlook 2018

image of OECD Regulatory Policy Outlook 2018

Laws and regulations govern the everyday life of businesses and citizens, and are important tools of public policy. Regulating has never been easy, but the overwhelming pace of technological change and unprecedented interconnectedness of economies has made it a daunting task. The 2018 Regulatory Policy Outlook, the second in the series, maps country efforts to improve regulatory quality in line with the 2012 OECD Recommendation on Regulatory Policy and Governance, and shares good regulatory practices. It provides unique insights into the organisation and institutional settings in countries for designing, enforcing and revising regulations. It also highlights areas of the regulatory cycle that receive too little attention from policy makers. Finally, it identifies areas where countries can invest to improve the quality of laws and regulations and presents innovative approaches to better regulation.

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Finland

There has been a long-standing increase in attention to improving the quality of legislation and regulation in Finland. The current government programme (since 2015) proposes to create enabling regulation, promote deregulation and reduce administrative burdens. Finland has also introduced a pilot stock review (one in one out) in 2016-2017 for two ministries, whereby new compliance or administrative costs for business have to be off-set by corresponding savings. An evaluation of the pilot in 2018 states it has resulted in reduced stock and costs and increased transparency, and recommend the continuation of the pilot. The areas of regulation subject to ex post evaluations have increased since 2015, albeit without consistent methodologies.

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