Regulatory guillotine in action: authorities cancel 33% of requirements to businesses

In July 2020, President Vladimir Putin signed laws on the reform of control and regulatory activities, dubbed as the regulatory guillotine.
The Russian authorities have canceled 33% of the existing mandatory requirements for national enterprises as part of the so-called "regulatory guillotine" reform, Deputy Prime Minister - Chief of the Office of the Cabinet of Ministers Dmitry Grigorenko said at a meeting of President Vladimir Putin with members of the government, which was held in a videoconference mode.
"More than a third, to be more precise, 33% of the mandatory requirements that the business had to fulfill, have been canceled to date, due to the fact that they are either redundant or overlapping," he said.
According to him, this is about 11,800 normative legal acts containing these requirements, including more than 8,800 documents approved back in the days of the Soviet Union.
"But our main task was not to abolish the existing requirements and rules, but to find a balance between the observance of the rights and interests of the citizen and the costs of business associated with the observance of these mandatory requirements," Grigorenko noted.
In July 2020, President Vladimir Putin signed laws on the reform of control and regulatory activities, dubbed as the regulatory guillotine.
The reform of supervisory and regulatory activities envisages cancellation starting from 2021 of all regulatory business requirements that have not been revised and brought up to date by that moment. All standards that business people would be obliged to meet would be included in a special public register and scrutinized for relevance at least once in five years. Also, the reform will terminate all legal acts and resolutions adopted in the first years of Soviet government that have survived to this day.


Source: https://tass.com/economy/1244471