To conserve resources, departments are encouraged to integrate the evaluation process into existing processes where this is possible and does not diminish the quality of evaluation reports. Furthermore, evaluations should be kept proportionate so that they can be done by VPS staff, without the need for consultants. Once evaluation reports have been prepared, the Commissioner for Better Regulation will review each of evaluation reports. These reviews will focus on the rigour of analysis and presentation of the evaluation (rather than the findings of the evaluation). The Commissioner will identify and highlight the best characteristics of these reports at the Commissioner’s regulator performance improvement forum each year. The elements of good regulatory practice This section outlines the elements of good regulatory practice using a governance and performance matrix. Mandatory elements of good regulatory practice For the SOE Framework, three elements of good regulatory practice have been identified as mandatory for all regulators. These three elements are: (1) timeliness, (2) risk-based regulation, and (3) compliance related assistance and advice (particularly as it relates to small business). This approach will afford a degree of commonality and consistency between regulators. The matrix outlines minimum standards expected for all regulators for each mandatory element of good regulatory practice, and suggested best practice stretch targets for highervolume and higherimpact regulators. Elements of good regulatory practice Minimum standards Characteristics of best practice Performance objectives Timeliness Processes/systems are in Regulator strives for place to make it as easy as improved ecapability. Regulatory costs can often result possible for businesses to from issues around the timeliness complete forms. of approval processes, Regulator provides clarity unanticipated delays and about the timing and scope of coordination problems in regulatory processes. administrative decisions, rather than from regulatory design. Timetables for completing forms take into account all requests for information that a regulated party is dealing with, including requests from other regulators. Processes/systems are in to make it easy for businesses to submit required data and to check on the status of any applications.
To conserve resources, departments are encouraged to integrate the evaluation process into existing processes where this is possible and does not diminish the quality of evaluation reports. Furthermore, evaluations should be kept proportionate so that they can be done by VPS staff, without the need for consultants. Once evaluation reports have been prepared, the Commissioner for Better Regulation will review each of evaluation reports. These reviews will focus on the rigour of analysis and presentation of the evaluation (rather than the findings of the evaluation). The Commissioner will identify and highlight the best characteristics of these reports at the Commissioner’s regulator performance improvement forum each year. The elements of good regulatory practice This section outlines the elements of good regulatory practice using a governance and performance matrix. Mandatory elements of good regulatory practice For the SOE Framework, three elements of good regulatory practice have been identified as mandatory for all regulators. These three elements are: (1) timeliness, (2) risk-based regulation, and (3) compliance related assistance and advice (particularly as it relates to small business). This approach will afford a degree of commonality and consistency between regulators. The matrix outlines minimum standards expected for all regulators for each mandatory element of good regulatory practice, and suggested best practice stretch targets for highervolume and higherimpact regulators. Elements of good regulatory practice Minimum standards Characteristics of best practice Performance objectives Timeliness Regulatory costs can often result from issues around the timeliness of approval processes, unanticipated delays and coordination problems in administrative decisions, rather than from regulatory design. Processes/systems are in place to make it as easy as possible for businesses to complete forms. Regulator provides clarity about the timing and scope of regulatory processes. Timetables for completing forms take into account all requests for information that a regulated party is dealing with, including requests from other regulators. Processes/systems are in to make it easy for businesses to submit required data and to check on the status of any applications. Regulator strives for improved ecapability.
Statement%20of%20Expectations%20Framework%20for%20Regulators%20April%202018.DOCX