The Regulation Impact Statement (RIS) process seeks to assist government officials to move towards ‘best practice’ regulatory design and implementation by requiring the completion of a detailed cost-benefit analysis.
Preparation of a RIS formalises and documents the steps that should be taken in making regulation. It provides a consistent, systematic and transparent process for assessing alternative approaches to regulatory problems. It includes an assessment of the impacts of the proposed regulation, and alternatives, on different groups and the community as a whole. The primary role of the RIS is to improve government decision-making processes by ensuring that all relevant information is presented to the decision maker when a decision is being made.
Superannuation reporting standards - March 2013
Superannuation prudential standards - November 2012
Implementing Basel III capital reforms in Australia - September 2012
(updated November 2012)
Life and General Insurance Capital Review - May 2012
Revocation of Prudential Standard APS 150 and Reporting Standard ARS 150 Basel II Transition (Advanced ADIs) - June 2011
Enhancements to the Basel II Framework in Australia - May 2011
Enhanced Supervision of Life Companies - Jan 2010
Regulation Impact Statements - Archived