INTRODUCTION Interest in regulatory cooperation has grown in recent years, given the benefits thatit can confer on a wide range of stakeholders. In order for regulatory cooperationto be effective, however, it is important that the process undertaken to developregulation be comprised of internationally recognized best practices.This guide outlines those best practices and serves as an overview for governmentsand stakeholders alike to assess to what degree internationally recognized bestpractices are adopted to form a foundation for cross-border regulatorycooperation initiatives. The guide proceeds as follows:
Chapter 1 – Good Regulatory Practices and Regulatory Cooperation
Chapter 2 – The Benefits from Successful Regulatory Cooperation
Chapter 3 – Key Components of Good Regulatory Practices
Chapter 4 – The Role of a Central Coordinating Body
Checklist – The Bridge to Cooperation, Step-by-Step
It is our hope that, when combined with discussions among interested governmentsand stakeholders, this guide can serve to harness the promise of international regulatory cooperation – delivering benefits to regulators, consumers and businesses alike.
Sean Heather
Vice President, Center for Global Regulatory Cooperation
U.S. Chamber of Commerce
