Risk and regulatory policy: improving the governance of risk

This publication enables governments to develop a coherent risk governance policy for managing regulation to protect citizens from the adverse consequences of hazardous events. It presents recent OECD research and analysis on risk and regulatory policy.
It discusses core challenges today and offers measures for developing, or improving, coherent risk governance policies.

Topics include: challenges in designing regulatory policy frameworks to manage risks; different cultural and legal dimensions of risk regulatory concepts across OECD; analytical models and principles for decision making in uncertain situations; key elements of risk regulation and governance institutions; the use of management-based regulation to help firms make risk-related behavioural changes; an analysis of the risk-based frameworks of regulators in five OECD countries (Australia, Ireland, Netherlands, Portugal, United Kingdom) and across four sectors: environment, food safety, financial markets and health and safety; and the elements for designing formal guidelines for risk prioritisation, assessment, management and communication.