BRUSSELS: ‘ EU LAWS TO PASS REGULATION TEST TO AVOID RED TAPE ON BUSINESSES ‘

#AceNewsReport – BRUSSELS:May.02: New EU laws will have to get the green light from an independent scrutiny panel to make sure they do not impose unnecessary burdens on businesses, according to a leaked document from the European Commission.

A six-person Regulatory Scrutiny Board will be tasked with scrutinising impact assessments for new bills and evaluating the costs of existing laws. All impact assessments will require a positive opinion from the Board before the draft law is considered by the 28 commissioners.

Three of the Board members will be hired from outside the EU institution.

The paper, obtained by EUobserver, is part of the so-called ‘Better Regulation’ initiative, which is set to be launched in mid-May. The blueprint is the brainchild of Dutch commissioner Frans Timmermans, the first vice-president of Jean-Claude Juncker’s EU executive, who has been tasked with reducing red tape for businesses.

With governments and businesses critical about the volume of new laws being adopted by the EU institutions, the Juncker commission’s work programme for 2015 spanned just five pages and included just 23 new initiatives, far fewer than usual.

Timmermans’ paper plans to expand consultations will cover the entire lifecycle of a policy.

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