News
18.12.2017

The Government has introduced a risk management system in state supervision (control)

Today, the Cabinet of Ministers of Ukraine approved decisions that will facilitate the reorientation of the state supervision (control) system to the risk management system. Proposals prepared by BRDO experts in partnership with the Ministry of Economic Development and the State Regulatory Service provide for implementing a new approach aimed at moving from punishment to persuasion and risk prevention.

The first step in this area was the adoption of a today’s resolution regarding the revision of criteria for assessing risks arising from economic activities that makes amendments to 44 acts of the Cabinet of Ministers of Ukraine. From now on, honest entrepreneurs will spend less amounts of their own money on inspections, and the state will reduce budget expenditures to conduct inspections.

This decision will stimulate both business owners to voluntarily comply with legal requirements and inspection bodies to provide business entities with consultations and explanations.

In general, the implementation of the risk-based approach involves several steps and is planned to be used up to 2020, when the national risk management system will be fully operational.

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