Moving Toward Risk Based Regulation
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Author | : |
Publisher | : |
Total Pages | : 3 |
Release | : 1995 |
Genre | : |
ISBN | : |
Over the last twenty years, man has witnessed a gradual but steady movement toward increased usage of risk-based methods and results in the regulatory process. The ''risk perspective'' as a supportive view to existing (non-risk-based or deterministic) information used in decision making has a firm foothold now in most countries that regulate nuclear power. Furthermore, in the areas outside the nuclear power field, such as health risk assessment, risk-based information is used increasingly to make decisions on potential impacts of chemical, biological, and radiological exposures. Some of the principal concepts and issues that are pertinent to risk-based regulation are reviewed. There is a growing interest in most countries in the use of risk-based methods and results to facilitate decision-making associated with regulatory processes. A summary is presented of the challenges and opportunities related to expanded use of risk-based regulation.
Author | : American Nuclear Society Nuclear Reactor Safety Division |
Publisher | : |
Total Pages | : 661 |
Release | : 1996 |
Genre | : |
ISBN | : |
Author | : G. J. Davies |
Publisher | : |
Total Pages | : |
Release | : 2010 |
Genre | : |
ISBN | : |
Risk-based regulation has grown rapidly as a component of Government decision making, andas such, the need for an established evidence-based framework for decisions about risk hasbecome the new mantra. However, the process of brokering scientific evidence is poorlyunderstood and there is a need to improve the transparency of this brokering process anddecisions made. This thesis attempts to achieve this by using agent-based simulation to modelthe influence that power structures and participating personalities has on the brokering ofevidence and thereby the confidence-building exercise that characterises risk-based regulation. As a prerequisite to the adoption of agent-based techniques for simulating decisions underuncertainty, this thesis provides a critical review of the influence power structure andpersonality have on the brokering of scientific evidence that informs risk decisions. Three casestudies, each representing a different perspective on risk-based regulation are presented: nuclearwaste disposal, the disposal of avian-influenza infected animal carcases and the reduction ofdietary salt intake. Semi-structured interviews were conducted with an expert from each casestudy, and the logical sequence in which decisions were made was mapped out and used toinform the development of an agent-based simulation model. The developed agent-based model was designed to capture the character of the brokeringprocess by transparently setting out how evidence is transmitted from the provider of evidenceto the final decision maker. It comprises of two agents, a recipient and provider of evidence, anddraws upon a historic knowledge base to permit the user to vary components of the interactingagents and of the decision-making procedure, demonstrating the influence that power structureand personality has on agent receptivity and the confidence attached to a number of differentlines of evidence. This is a novel step forward because it goes beyond the scope of current riskmanagement frameworks, for example, permitting the user to explore the influence thatparticipants have in weighing and strengthening different lines of evidence and the impact thishas on the final decision outcome.
Author | : Kalle Johannes Rose |
Publisher | : |
Total Pages | : 0 |
Release | : 2023 |
Genre | : |
ISBN | : |
Our modern globalized civilization is facing a range of systemic risks related to climate, crime, health and more. During the last decade the EU has enhanced the use of risk-based regulation to address some of these societal risk issues that have cross-border and even regional affects, with the aim of creating a incentive-based compliance structure for both private and public entities. The purpose of this paper is to establish the foundation to create a unison approach to Systemic Risk-Based Compliance by investigating the two core elements behind the systemic societal risks facing the modern democracy within the EU, the risk-based approach, and risk-based regulation.
Author | : Joanna Gray |
Publisher | : John Wiley & Sons |
Total Pages | : 286 |
Release | : 2006-05-01 |
Genre | : Business & Economics |
ISBN | : 0470869305 |
Now that the Financial Services and Markets Act 2000 has had a chance to bed itself down and the Financial Services Authority (FSA) is developing its new regulatory toolkit and modus operandi, financial regulation has moved on in interesting directions. This book takes a critical look at the principles and practices behind this regulation, as well as the theory that is involved. This book goes further than a description of the laws that are currently out there, by analysing the impact and implications of the new financial regulations, making it a ’must-read’ for law, finance and accounting practitioners. Coverage includes: Regulation and compliance; disclosure risk and regulation and stakeholders in financial regulation.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 251 |
Release | : 2010-05-06 |
Genre | : |
ISBN | : 9264082921 |
This publication presents recent OECD papers on risk and regulatory policy. They offer measures for developing, or improving, coherent risk governance policies.
Author | : Lars Grava |
Publisher | : |
Total Pages | : |
Release | : 2020 |
Genre | : |
ISBN | : |
Governments increasingly use risk-based regulation (RBR) to adapt their degree of regulatory control to the actual risks posed by industry sectors, economic activities, and business establishments. Risk-based regulation aims to protect public goods, such as safety, health, and the environment, while at the same time avoiding unnecessary burdens on businesses. When designing regulation and developing models for monitoring and enforcement, risk guides assessments of costs and benefits. This note presents reformers and practitioners with the highlights of an approach to implementing a risk-based regulation system.
Author | : Julia Graham |
Publisher | : Rothstein Publishing |
Total Pages | : 416 |
Release | : 2006-04-01 |
Genre | : Business & Economics |
ISBN | : 9781931332361 |
Annotation ?This book is a must read for those senior managers, risk managers and continuity managers who have the vision to see both the new opportunities and the new responsibilities of business continuity management."? Senator George J. Mitchell, Chairman, DLA Piper Rudnick Gray Cary; Former U.S. Senate Majority Leader and U.S. Senator for Maine.?This book ... provides clear guidance supported with a wide range of memorable and highly relevant case studies for any risk manager or business continuity manager to successfully meet the challenges of today and the future.?? Steve Mellish, FBCI, Chairman, The Business Continuity InstituteCONTENTSPreface, by Senator George MitchellPreface, by Steve Mellish, FBCI, The Business Continuity InstitutePreface, by John Copenhaver, the Disaster Recovery Institute InternationalIntroduction1.A Risk-Based Approach To Business Continuity2. Stakeholders3. Governance, Good Practice, Standards, Regulation and the Law4. Culture, Strategy, Performance, Risk and Business Continuity5. Getting Started: The Business Continuity Management Cycle6. Introduction to the Business Impact Analysis7. The Business Impact Analysis: A Hitch-Hikers Guide8. Application and Uses of BIA Information9. Technology, Exposures and Continuity10. Dependency Management: Supplier Management, Outsourcing and Business Support11. Opportunities and Other Applications for Business Continuity Tools and Principles12. The People Factor13. The Value of Insurance When Facing Potentially Catastrophic Risk14.Communications15. Emergency and Governmental Services16. Rehearsals and Exercising of Plans and Risk Decision-Making17. Maintenance, Benchmarking, Assurance and Audit18. Developing a Plan - Putting Theory Into PracticeAPPENDIX A:British Standard PAS 56, Guide to Business Continuity Management, Annex B: BCM Evaluation CriteriaGlossary.
Author | : Lawrence D. Cluff |
Publisher | : DIANE Publishing |
Total Pages | : 187 |
Release | : 2000 |
Genre | : |
ISBN | : 0788186701 |
Author | : Binglin Yang |
Publisher | : Routledge |
Total Pages | : 215 |
Release | : 2011-07-27 |
Genre | : Business & Economics |
ISBN | : 1136640258 |
Using a diffusion approach and comparisons between Australia and the U.S., this book examines the question: what are the barriers keeping the American coal mining industry and the U.S. government from moving toward risk-based governance?