Regulatory Impact Assessment (RIA) overview
What are the benefits of a Regulatory Impact Assessment?
The RIA process is an essential part of policy making. It will help you to:
- clarify the objectives of your proposal
- think through the full impact of your proposals
- identify and assess alternative options for achieving the policy goal
- ensure your consultation exercise is meaningful and reaches the widest possible range of stakeholders
- inform negotiations in the EU
- determine whether the benefits justify the costs
- determine whether particular groups may be disproportionately affected