The Ministry for Business, Innovation and Employment (MBIE) has launched an online toolkit for people designing and implementing regulation about how international regulatory cooperation works in practice.
The International Regulatory Cooperation Toolkit looks at the ways countries can cooperate to make domestic laws work more effectively and support cross-border trade and investment.
It includes case studies which show the different ways international regulatory cooperation works and what can be learnt from the various approaches.
Regulatory cooperation is important in an interconnected world. It can help reduce barriers to support trade and investment, make law easier to design, implement and enforce, and help to address global issues, such as climate change or tax avoidance, which cannot be solved by one country alone.
The toolkit is part of the work the Ministry is doing, alongside the OECD and APEC, to support regulators and policy advisors to deal with the cross-border impacts on their work.
Check out the toolkit and find out more about international regulatory cooperation.
IRC Toolkit — irctoolkit.mbie.govt.nz.
