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About the Seminar

Hong Kong enjoys a longstanding reputation as an attractive place to do business. That reputation is however being eroded as a result of 'regulatory creep'. This has become a drag on businesses, which have to set aside time and resources to achieve compliance. Legislation in itself is not a problem. At issue is whether legislation is necessary or whether there are other more effective alternatives. Major technological advances and socio-economic changes also mean that there is the need for reviews to ensure that regulations are relevant. This is especially important as Hong Kong actively seeks to promote itself as a hub for innovation and technology.

At the Chamber, we believe that there is a compelling need for a robust and rigorous RIA framework to assess new rules and conduct regular reviews of existing regulations. Achieving this would help sustain Hong Kong's competitiveness and enhance our business-friendly environment. The experience in other jurisdictions such as the UK and US on RIA implementation provides a useful gauge for Hong Kong and it is in that context that we have invited senior officials from these countries to talk to us.

What is Regulatory Impact Assessment (RIA)?

RIA is recognised by most developed countries as a key instrument to improve the quality of regulatory decision making. It has become widely adopted by member countries of the Organisation for Economic Co-operation and Development (OECD). RIA involves a systematic appraisal of the costs and benefits associated with a proposed new regulation and evaluation of the performance of existing regulations. RIA incorporates a public consultation process, as this provides better information and evidence to support the analytical process and gives different stakeholders the opportunity to identify and correct faulty assumptions and reasoning.

Why does Regulatory Impact Assessment (RIA) matter?

Regulations are an integral part of the "toolkit" of policy instruments governments can use to achieve their objectives, but regulations usually have widespread effects: they affect many different groups in our society and the effects can vary. Many of the effects are difficult to identify when a regulation is being considered. Therefore, RIA helps provide clarity on who will be affected by a regulation and how.

Why should you attend this seminar?

This is a special opportunity to hear first-hand, from a range of distinguished experts, in examining the methods and practices that Hong Kong could consider to enhance the law making and review process through a robust and vigorous RIA regime. This seminar will make a valuable contribution to the ongoing effort by all stakeholders to assist the Government in fulfilling the common goals of strengthening Hong Kong's competitiveness and maintaining our attractiveness as a premier international business centre.

What can you expect from this seminar?

The Chamber is pleased to have assembled a group of experienced and knowledgeable speakers, with expertise in good regulatory practices, to discuss various options for crafting an effective RIA framework, and exchange views on a design that suits Hong Kong. The seminar will cover a wide range of issues, including:

• What are the lessons that can be learned from other jurisdictions such as the UK and US in adopting better regulatory policies?
• How could RIA be adopted in Hong Kong to enhance our standing as a premier business destination?
• How could RIA implementation reduce various compliance costs, while still meeting the Government's policy objectives?
• How are the needs and interests of SMEs addressed?
• How should the public/stakeholder engagement process be enhanced?
• Who should assume responsibility for overseeing the RIA process?

Tentative Programme

14:00 Welcome Remarks by Dr Aron Harilela, Chairman, HKGCC
14:05 Opening Speech
14:15 Presentation by Ms Jennifer Jones, Assistant Director, Better Regulation Executive (UK)
Title: It's Not the Quantity but the Quality: Better Regulations for All (Proposed)
14:45 Presentation by Mr Dominic Mancini, Deputy Administrator, Information Policy Branch, Office of Information of Regulatory Affairs (US)
Title: Balancing Diverse Interests: Is There an Optimum Way to Legislate? (Proposed)
15:15 Presentation by Mr Brent Snyder, Chief Executive Officer, Competition Commission (HK)
Title: Competition Advocacy: Helping Policymakers Understand Why Competition Matters
15:45 Q & A
16:45 Cocktail Reception
18:00 End of Seminar

(Law Society of Hong Kong CPD point(s) has been applied for)

Register early to avoid disappointment!

Speaker(s) Ms Jennifer Jones, Assistant Director, Better Regulation Executive (BRE) – Department for Business, Enterprise and Industrial Strategy (UK)

Ms Jennifer Jones has lived and worked in the UK as a Civil Servant for the past thirteen years, since relocating from Canada. She currently works in the Better Regulation Executive (BRE) and her specialist area is the methodological regulatory framework. Prior to joining the BRE, she worked in Higher Education, Immigration, and Intellectual Property. Ms Jones studied her undergraduate degree in Anthropology at the University of Victoria, Canada and her graduate degree in International Relations at Cardiff University, United Kingdom. She speaks English and German.

Mr Dominic Mancini, Deputy Administrator, Office of Information of Regulatory Affairs (OIRA) (US)

At OIRA, Mr Mancini plays a key role in the coordination of the regulatory policy activities. He joined OIRA in 2012 as the Senior Economist for Health, Transportation, and General Government and became Branch Chief for Natural Resources and the Environment seven years later. He was promoted into his current position in 2013. Prior to joining OIRA, Mr Mancini worked as an economist in the Food and Drug Administration preparing regulatory impact analyses for economically significant regulations. OIRA is a US Government sub-agency within the Office of Management and Budget, which is in turn, under the purview of the Executive Office of the President. OIRA oversees the implementation of government-wide policies in, and reviews draft regulations under Executive Order 12866, the Paperwork Reduction Act, and the Information Quality Act.

Mr Brent Snyder, Chief Executive Officer, Competition Commission (HK)

Mr Brent Snyder was appointed to the position of Chief Executive Officer of the Competition Commission (Commission) in September 2017. Prior to joining the Commission, Mr Snyder served in the Antitrust Division of the United States Department of Justice from 2003 until 2017, first as a Trial Attorney prosecuting Division criminal matters, and as Deputy Assistant Attorney General (DAAG) since 2013 until 2017. In his capacity as DAAG, Mr Snyder headed the criminal enforcement function overseeing enforcement, prosecutions, leniency and other policy work. Mr Snyder twice received the Attorney General's Award for Distinguished Service and was awarded an Antitrust Division Award of Distinction. Prior to joining the government, Mr Snyder practiced law at Paul Hastings in Los Angeles and Perkins Coie in Seattle where he was a Partner.
Language English
Date and Time 2019/09/23 14:00 to 18:00
Venue Chamber Theatre, 22/F United Centre
Media Open to media
Enquiries Ian Li
Tel: 2823 1242
Email: ian@chamber.org.hk
Fee Event Cancelled
Members @ HK$300 / Non-Members @ HK$300
+$50 for booking offline
Notes - Bookings are only confirmed upon receipt of payment, on a first come first served basis.
- Booking transfer is allowed for corporate members with advanced notice, walk-ins are normally not accepted.
- The Chamber reserves the right to decline any booking or cancel the event. In such case, a full refund of the participation fee will be issued.
- No refund will be made for last minute cancellations or no-shows. If the booking is cancelled at least 3 days before the event, and in such cases the refund will be subjected to a 10% administration fee, or HK$100 deduction, whichever is higher.
- A $50 handling fee per person will be charged for all offline bookings (e.g. fax, e-mail, post) for all Chamber events. Go online today by downloading our app or registering on the HKGCC website to save the environment and money.
- Priority is given to corporate members. The decision to accept or decline any booking shall be at sole discretion of the Chamber.