Guidance on the high level recommendations the RPC use when scrutinising impact assessments
The Regulatory Policy Committee provides its external, independent scrutiny of new regulation through the Government decision-making process.
Regulatory proposals are accompanied by an impact assessment (IA), which assesses and estimates the likely costs and benefits, as well as presenting the associated risks, of a regulatory proposal that has an impact on business, civil society organisations, the public sector or individuals. This IA is scrutinised by the RPC which provides an opinion to Government Ministers on the quality of analysis and evidence presented in the IA. This opinion then informs the decisions of Ministers as to whether they proceed or not with the proposal.
The RPC assesses impact assessments against well established guidance set out by HM Treasury’s Green Book, and the Better Regulation Framework Manual. To provide further clarity the Committee has set out seven recommendations based on the common themes emerging from the scrutiny of IAs.