Transparency in Regulatory Process

We believe that the regulatory principles in Ukraine should be consistent with the practice established in developed countries. We advocate regulation that is in line with the principles of the Organization for Economic Cooperation and Development (OECD) for better regulation. These principles can be summarized as openness, participation, accountability, effectiveness, consistency, and proportionality.

In accordance with these OECD principles, state regulation should be essential and appropriate to achieve well-defined and legitimate public policy objectives, and should:

  • Serve well-defined political goals and be effective in achieving these goals
  • Have a solid legal and empirical basis
  • Be proportional
  • Not to be excessive
  • Minimize costs and market distortions
  • Facilitate innovation
  • Be clear, simple and easily enforceable
  • Be consistent with other regulations and policies
  • Be compatible with the principles of competition.

Lobbying is an integral part of developing regulatory decisions, since it enables the authorities to obtain necessary information and expertise to support their legislative decisions. It’s natural for businesses to participate in discussing regulations that affect their products and business.

Lobbyists represent industries, associations, or any interest groups. Their role is to share their views with officials on policies that affect their commercial activities so that the regulator is aware of all parties’ reasoning before making a decision.

Stakeholder engagement is one of the principles of OECD guidelines Governance of Inclusive Growth. Regular stakeholder consultations enable the regulator to analyze the effectiveness of the proposed initiative, to get feedback from business and citizens, and to make the most complete picture of the alternatives to regulation. In addition, it is instrumental in balancing the views of different parties, as well as identifying the bottlenecks of the new regulation.

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