2021-08-30

Law No. 167-21 on Regulatory Improvement and Simplification of Procedures

The National Congress of the Dominican Republic enacted Law No. 167-21 to establish a comprehensive framework for regulatory improvement and the simplification of administrative procedures across all public administration entities. The law mandates the use of specific tools, including regulatory planning agendas, ex ante and ex post regulatory impact analyses, and regulatory quality assessments, to ensure that regulations provide net benefits to society. It further requires the implementation of open government principles, public consultations, and the standardization of administrative processes to reduce bureaucratic burdens and enhance legal certainty.

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Dominican Republic

Superintendencia del Mercado de Valores (Dominican Republic)

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