Impact assessment opinion: Speeding up cheque payments: legislating for cheque imaging
Evaluation of the HM Treasury impact assessment for Speeding up cheque payments: legislating for cheque imaging
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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.