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ARTA reviewing agencies’ regulatory impact statements

  • The Anti-Red Tape Authority (ARTA) has partnered with the Development Academy of the Philippines to lead a panel review of the regulatory impact statements (RIS) of at least eight government agencies
  • The draft RISs are the government agencies’ final output to conclude their ARTA-provided RIA training
  • The RIS is a report on an agency’s proposed regulations, including a comprehensive summary of the potential costs and benefits, in an effort to further streamline its systems

The Anti-Red Tape Authority (ARTA) has partnered with the Development Academy of the Philippines (DAP) in leading a review by a panel of experts of the regulatory impact statements (RIS) of at least eight government agencies.

Submitting their RISs for review during their panel presentations this month included the Bureau of Customs, Philippine Ports Authority, Bureau of Internal Revenue, Social Security System, Securities and Exchange Commission, Land Transportation Office, Land Transportation Franchising and Regulatory Board, and Department of the Interior and Local Government, ARTA said in a statement.

This is part of the ongoing advanced regulatory impact assessment (RIA) training provided by ARTA to government agencies to better capacitate them in implementing new regulations and laws.

The draft RISs are the government agencies’ final output to conclude their RIA training. These are reports on the agencies’ proposed regulations, including a comprehensive summary of the potential costs and benefits, in an effort to further streamline their systems.

Officials from ARTA, the Better Regulations Office under the Office of the Deputy Director General for Operations, and DAP conduct extensive reviews of draft RISs to polish the proposed reforms before these are implemented.

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