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The Dutch Advisory Board on Administrative Burden (Actal)

The Dutch Advisory Board on Administrative Burden (Actal). EBIC Conference February 19th 2007, Brussels drs. Peter Bont Secretary General Actal. Definition and context.

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The Dutch Advisory Board on Administrative Burden (Actal)

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  1. The Dutch Advisory Board on Administrative Burden (Actal) EBIC Conference February 19th 2007, Brussels drs. Peter Bont Secretary General Actal

  2. Definition and context • Administrative Burdens (AB) = costs for business sector when complying to information obligations imposed by government regulation • AB approach is part of regulatory reform program

  3. Definition Administrative Burdens (AB)For example: • Reporting requirements • Direct ICT costs for meeting these reporting requirements • NOT: Cost of a bank vault

  4. The Dutch AB approach • Necessary and effective infrastructure set up • Zero base measurements • Reduction target • Political commitment • Ex ante quantification • Actal: independent and objective judgement

  5. The Actal Organisation • Independent watchdog, assessor and facilitator. • Small organisation: 3 Board members, 12 staff. • Established in 2000 : focus on AB for businesses. • Installed until 1st of June 2009.

  6. Assignment • Bring about a cultural shift among legislators and policy advisors Through: • Formal advice (proposed and existing legislation) • Increasing insight of consequences of laws and regulation on AB • Backing the governments objective to cut back the AB by 25%

  7. Zero measurement Insight in Administratieve Burdens: • reporting requirements • Insight in current supervisory costs ESSENTIAL TOOL FOR MEASURING INCREASE/ DECREASE OF ADMINISTRATIVE BURDENS

  8. Pay off AB approach • Economic pay off : + 1.5% GDP / + 1.7% labor productivity • Regulatory quality: - Increasing AB awareness in other domains, e.g. intragovernmental AB • Increasing awareness of other compliance costs for businesses

  9. Results of the Dutch approach • 25% net reduction within reach • Structural ex ante evaluation of effects of regulation • AB restrained • Cultural shift on it’s way

  10. The Standard Cost Model LAW Information obligations Administrative actions Time Tariff Target group Frequency P Costs administrative actions Q Yearly amount administrative actions Administrative burdens = P x Q

  11. EU and international legislation BASEL II • AB FOR DUTCH BANKING SECTOR € 28 MLN/YEAR • AB FOR INDIVIDUAL INSTITUTIONS: • Small banks + € 19.000 • Midsize banks + € 57.000 • Large banks + € 500.000 • Very large banks + € 7 mln • Small investment companies + € 2.500 • Large investment companies + € 33.330

  12. EU and international legislation MIFID • BANKS & INVESTMENT COMPANIES • Costs of reporting requirements • ICT Costs • AB for a multilateral trading facility (MTF) • Supervisory Costs

  13. EU and international legislationWhat we can do on national level? ONCE EU LEGISLATION IS FINAL: • Directives are solid concrete • There is no room for promoting new ideas • There is no room for better alternatives • MORE FOCUS ON AB IN EU IS NEEDED! • NO GOLDPLATING OF EU LEGISLATION

  14. EU Action Programme • 25% reduction in 2012 • 13 priority areas • fast track action But this is the 1st step. • measurement and reduction total Aqcuis • permanent control over AB • perceived burdens

  15. Lessons learned in NL • Infrastructure necessary • SCM pivotal in reducing AB • Commitment on political level indispensable • A quantitative target increases sense of urgency • AB come from different sources • AB only a part of the effects of regulation

  16. Contact information Actal P.O. Box 16228 2500 BE The Hague The Netherlands tel: +31-(0)70-3108666 fax: +31-(0)70-3108679 e-mail: info@actal.nl Internet: www.actal.nl

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