
Good Regulatory Practices
Good Regulatory Practices (GRP) are a set of standards and procedures that governments follow to create effective, fair, and transparent rules for industries and the public. They ensure regulations are based on solid evidence, include stakeholder input, and are clear and consistent. The goal is to protect public safety and health without unnecessary burden on businesses or society. By applying GRP, regulators make better decisions, improve enforcement, and foster trust and accountability in the regulatory process.