- Publication date
- 4th October 2016
- Information type
- Policy area
Impact Assessment (IA) is a tool to help explain the effects of regulatory proposals which have an impact on consumers, industry participants, and on social and environmental issues. Whilst IAs do not determine a final decision, they form a vital part of the decision-making process and provide a structured framework for understanding the impacts associated with important proposals.
We have updated our IA guidance to ensure that our approach reflects best practice and continues to be proportionate, consistent and transparent.
This guidance takes effect from 4 October 2016. It replaces the previous guidance published in October 2013.