Research and analysis

Impact assessment opinion: consumer credit regulatory framework

Evaluation of the BIS impact assessment for the reform of the consumer credit regulatory framework.

• From: Regulatory Policy Committee
• Published: 12 June 2013

Documents

Impact assessment opinion: reform of the consumer credit regulatory framework

Ref: BIS0389

PDF, 74.3 KB, 3 pages

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Details

See the original impact assessment carried out for the Department for Business, Innovation and Skills (BIS): Reform of the consumer credit regulatory framework

The Regulatory Policy Committee (RPC) gives independent advice to government on the quality of analysis supporting new regulations.

Following scrutiny of an impact assessment (IA) carried out prior to a regulatory proposal, the RPC provides an ‘opinion’ on the quality of analysis and evidence presented in the IA. This opinion then informs the decisions of ministers as to whether they proceed or not with the proposal.

Published 12 June 2013