Regulatory Policy in Peru

Assembling the Framework for Regulatory Quality

image of Regulatory Policy in Peru

Regulation is one of the key levers of government intervention. When properly designed, it can help achieve environmental and social objectives, and contribute to economic growth. The OECD Review of Regulatory Policy of Peru assesses the policies, institutions, and tools employed by the Peruvian government to design, implement and enforce high-quality regulations. These include administrative simplification, evaluation of regulations, public consultation, and the governance of independent regulators, amongst others. The review provides policy recommendations based on best international practices and peer assessment to strengthen the government’s capacity to manage regulatory policy.

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Compliance and enforcement of regulation in Peru

This chapter discusses the approaches applied by the Government of Peru to advance regulatory enforcement and compliance. The institutional arrangements and practices across enforcement agencies vary widely, yet some commons treads are found. There is no general policy on regulatory compliance and enforcement across government agencies. Peru should include the policy of inspections and enforcement of regulations as an integral part of its regulatory policy, and should include general guidelines relating to horizontal objectives such as ethical behaviour, organisation and planning of inspections, and transparency towards the subjects of inspections.

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