INTRODUCTION
Interest in regulatory cooperation has grown in recent years, given the benefits that
it can confer on a wide range of stakeholders. In order for regulatory cooperation
to be effective, however, it is important that the process undertaken to develop
regulation be comprised of internationally recognized best practices.
This guide outlines those best practices and serves as an overview for governments
and stakeholders alike to assess to what degree internationally recognized best
practices are adopted to form a foundation for cross-border regulatory
cooperation 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 governments
and 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
