-Defining a clear need –
The objective of the regulation should be identified based on sound evidence and available alternatives must be considered to select the most appropriate solution.
-Impact assessment –
There should be an assessment of the impacts from the regulation.
-Transparency –
The drafting of the regulation should involve those who are potentially affected; the decision making process should be transparent and objective.
-Reducing burdens and regular reviews –
The process of developing the regulation should focus on reducing the compliance burden and allow for regular and systematic review (and subsequent modification, if needed) to ensure that the regulation is still appropriate.
-Opportunity to respond and revise –
There should be clear procedures to respond to adjudications and appealsand to revise the regulation if necessary.