Better regulation

The regulatory framework in which enterprises operate is a key aspect of the business climate and is crucial to their competitiveness, growth and employment performance.

A key [INVALID]ive of the European Union's enterprise policy is therefore, to ensure that the regulatory environment for enterprises is clear, stable and predictable and of a high quality that consequently contributes towards supporting growth and employment.

To this end, "better regulation" is a central element of the European Commission's Europe 2020 Strategy. Action is also being taken through the Regulatory Fitness and Performance programme (REFIT), to assess the existing legislation and to ensure that EU law is straightforward and will help in the reduction of regulatory costs. The avoidance of unnecessary administrative burdens for enterprises is part of this strategy to improve the quality of regulations. Administrative burdens are the costs of time spent on filling out forms and reporting on a wide range of regulatory issues that would not be needed if legal provision did not exist within the enterprises.

Panteia's (formerly EIM Business & Policy Research) major research topics cover impact assessments of, and advice on, the impact of (potential) legislation and e-applications, as well as studies and advice on the set-up and efficiency of organisations and operating procedures.

In the early nineties, Panteia/EIM Business & Policy Research developed a model known as Mistral®, to measure administrative compliance costs for enterprises and institutions. The Standard Cost Model (SCM) used by international organisations (e.g. the European Commission and the World Bank) as the basis for [INVALID]line measurements at international level, originates from the Mistral ®model.

Panteia  has an extensive track record with regard to impact assessments and evaluations carried out for various DG's within the European Commission, such as DG ENTR, DG EMPL and DG MOVE. The measuring of administrative burdens on the basis of the Standard Cost Model is a component in the majority of these studies.

Should you require any further information, please contact us. We will be happy to help you. For more information about Impact Assesments and Evaluation, click here.

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