Risk-Based Approaches to Business Regulation
Governments increasingly use risk-based regulation (RBR) to adapt their degree of regulatory control to the actual risks posed by industry sectors, economic activities, and business establishments. Risk-based regulation aims to protect public goods, such as safety, health, and the environment, while at the same time avoiding unnecessary burdens on businesses. When designing regulation and developing models for monitoring and enforcement, risk guides assessments of costs and benefits. This note presents reformers and practitioners with the highlights of an approach to implementing a risk-based regulation system.
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| Main Authors: | , |
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| Format: | Brief biblioteca |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020-10-22
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| Subjects: | STRATEGIC RISK ASSESSMENT, OPERATIONAL RISK ASSESSMENT, BUSINESS REGULATION, RISK PLANNING, RISK-BASED REGULATION, ENFORCEMENT MANAGEMENT MODEL, |
| Online Access: | http://documents.worldbank.org/curated/en/880271603464018549/A-Note-for-Reformers https://hdl.handle.net/10986/34675 |
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