Regulation Impact Analysis

Regulation Impact Analysis (RIA) is a process used by governments and organizations to evaluate the potential effects of a proposed rule or policy before it is implemented. It assesses how the regulation might affect businesses, consumers, the environment, and costs. The goal is to ensure that regulations are effective, necessary, and balanced, avoiding unnecessary burdens. By examining benefits, costs, and alternatives, RIA helps decision-makers create more informed, transparent policies that promote public interest while minimizing unintended negative consequences.