Necessity | Is the regulation necessary, reduce red tape, still valid? |
Effectiveness/targeted | Is the regulation properly targeted, properly complied with and enforced? |
Proportionality | Do the advantages of the regulation outweigh its disadvantages? |
Transparency | Are stakeholders consulted prior to regulating? Is the regulation clear and accessible to all? |
Accountability | Is the regulation clear as to precisely who is responsible to whom and for what? Is there an effective appeals process? |
Consistency | Does the regulation give rise to anomalies and inconsistencies? Is best practice developed in one area applied when regulating other areas? |
Agility | Is the regulation capable of adapting to anticipate change? |