Regulatory reform concerns the improvement of the quality of government regulation. Regulatory reform is about designing and evaluating policies and regulations transparently, with evidence, and backed up by the views of businesses, citizens and other stakeholders. Regulatory reform may cover all policy areas and aims for targeted regulation that goes no further than required, in order to achieve policy objectives and bring benefits at minimum cost.

Businesses and citizens spend annually time and money to comply with (information) obligations codified in rules and regulations. Sira Consulting provides you the tools and/or capacity to measure these regulatory burdens and to identify reduction measures. Indeed, with effective and efficient regulations we create space for innovation, economic growth and social participation. Besides these effects reducing regulatory burden also, cuts costs for governments, ensures transparency and reduces corruption.

Businesses incur costs complying with obligations laid out in various laws and regulations. To determine the extent in which all these regulatory costs impact on profits, we developed the CAR methodology. This methodology provides us with a clear and unambiguous insight into the impact of legislation on profitability and viability in a specific business sector. This insight enables a sector to bring specific regulatory pressures to the attention of government authorities.

A Regulatory Impact Assessment (RIA) provides insight in the impact of newly proposed (or changes in existing) legislation on citizens and businesses. These impacts can be positive or negative. Examples are an increase of regulatory burden, the need for new investments, significant market effects/impacts, or other socio-economic and societal effects. An understanding of the effects of proposed legislation is crucial if you want to improve legislation and government processes.

Laws and regulations are necessary, but regulating a society and an economy imposes costs on businesses and citizens. Nevertheless, business and citizens complain about Red Tape and all obligations to comply with government formalities. An AB baseline measurement provides governments with the necessary information to understand what these complains are about by quantifying the burdens and providing reduction measures.