UNUnited Nations Economic Commission for Europe
Activities

Working Party on Regulatory Cooperation and Standardization Policies (WP.6)

 

RISK MANAGEMENT IN REGULATORY SYSTEMS

 

At its 40th anniversary Annual Session in November 2010 the United Nations Economic Commission for Europe Working Party on Regulatory Cooperation and Standardization Policy (WP.6) established a Group of Experts on Risk Management in Regulatory Systems.

The UNECE work on risk management in Regulatory Systems started in 2009 with an International Conference on Risk Assessment and Management . The event gathered more than 150 participants, from governments and international organizations including UNECE, ISO and WTO.

The conference resulted in an outcome document , which centers on the idea that risks that affect society can only be properly managed if each of the stakeholders fulfills its function within a well-structures regulatory system.

The Group aims at developing and implementing recommendations for achieving a more effective application of risk management tools in regulatory systems. Specifically, recommendations will cover the following regulatory processes:

For a detailed description of the rationale for establishing the Group, its objectives and mandate, and the results of the preliminary work performed, please see "Risk assessment and management in the activities of the Working Party" ECE/TRADE/C/WP.6/2010/2 ENG FRE RUS.

The high-level tasks of the Group include:

  • conducting a survey for gathering best practice and for assessing the needs of the regulatory stakeholders in utilizing tools for managing risks (see: "Risk management in regulatory systems: A proposed survey" ECE/TRADE/C/WP.6/2010/4 ENG FRE RUS);

  • developing and approving reference models for managing risks within regulatory system processes and preparing recommendations (see: "Risk management in regulatory systems: A proposed methodology" ECE/TRADE/C/WP.6/2010/3 ENG FRE RUS);

  • developing reference models for the design of the risk-based legislation;

  • designing risk databases and training materials.

The detailed plan, the proposed organization of work and information on the required areas of competence are available in document "Proposed Group of Experts on Risk Management in Regulatory Systems" ECE/TRADE/C/WP.6/2010/5.

We welcome your ideas with regards to the above initiative, please send them to grm@unece.org