Risk-Based Approaches to Business Regulation : A Note for Reformers

Risk-Based Approaches to Business Regulation : A Note for Reformers

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...

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Bibliographic Details
Main Authors: Molfetas, Aris, Grava, Lars
Format: Brief
Language:English
Published: World Bank, Washington, DC 2020
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
http://hdl.handle.net/10986/34675
id okr-10986-34675
recordtype oai_dc
spelling okr-10986-346752021-05-25T10:54:41Z Risk-Based Approaches to Business Regulation : A Note for Reformers Molfetas, Aris Grava, Lars STRATEGIC RISK ASSESSMENT OPERATIONAL RISK ASSESSMENT BUSINESS REGULATION RISK PLANNING RISK-BASED REGULATION ENFORCEMENT MANAGEMENT MODEL 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. 2020-10-27T19:52:03Z 2020-10-27T19:52:03Z 2020-10-22 Brief http://documents.worldbank.org/curated/en/880271603464018549/A-Note-for-Reformers http://hdl.handle.net/10986/34675 English Finance, Competitiveness and Innovation in Focus; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic STRATEGIC RISK ASSESSMENT
OPERATIONAL RISK ASSESSMENT
BUSINESS REGULATION
RISK PLANNING
RISK-BASED REGULATION
ENFORCEMENT MANAGEMENT MODEL
spellingShingle STRATEGIC RISK ASSESSMENT
OPERATIONAL RISK ASSESSMENT
BUSINESS REGULATION
RISK PLANNING
RISK-BASED REGULATION
ENFORCEMENT MANAGEMENT MODEL
Molfetas, Aris
Grava, Lars
Risk-Based Approaches to Business Regulation : A Note for Reformers
relation Finance, Competitiveness and Innovation in Focus;
description 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.
format Brief
author Molfetas, Aris
Grava, Lars
author_facet Molfetas, Aris
Grava, Lars
author_sort Molfetas, Aris
title Risk-Based Approaches to Business Regulation : A Note for Reformers
title_short Risk-Based Approaches to Business Regulation : A Note for Reformers
title_full Risk-Based Approaches to Business Regulation : A Note for Reformers
title_fullStr Risk-Based Approaches to Business Regulation : A Note for Reformers
title_full_unstemmed Risk-Based Approaches to Business Regulation : A Note for Reformers
title_sort risk-based approaches to business regulation : a note for reformers
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/880271603464018549/A-Note-for-Reformers
http://hdl.handle.net/10986/34675
_version_ 1764481409062273024

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