Monday, 7 May 2012

Race to the bottom? Obama Seeks to Promote "International Regulatory Cooperation"

Obama Seeks to Promote "International Regulatory Cooperation" - RegBlog: "Under the executive order, the federal government will search for “best practices for international regulatory cooperation,” which could include exchanging information and comparing other “regulatory tools.” The order also requires agencies that submit a Regulatory Plan under Executive Order 12866 to “include in that plan a summary of its international regulatory cooperation activities that are reasonably anticipated to lead to significant regulations.” It also mandates that agencies include regulations with perceived “unnecessary” differences among the U.S. and its major trading partners in their retrospective review plans under Executive Order 13563.
The executive order also grants an already-existing federal Regulatory Working Group the authority to commission relevant reports from OIRA"
'via Blog this'

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