Regulatory Impact Assessment (RIA)
A tool that informs policy decisions. It is an assessment of the costs, benefits and risks of a policy option. Many countries use a similar analysis to assess their proposed regulations and large organisations appraise their investment decisions in a similar way. A tool that informs policy decisions. It is an assessment of the costs, benefits and risks of a policy option. Many countries use a similar analysis to assess their proposed regulations and large organisations appraise their investment decisions in a similar way.