Regulatory impact assessment: legal regulation issues and involvement of the business community in the proceedings

This work is devoted to current issues of legal regulation of the procedure for assessing the regulatory impact in relation to draft regulatory legal acts and decisions. This procedure is of particular importance for choosing the optimal method of legal regulation, contributes to the prevention of the approval of excessive and unreasonable binding and prohibiting legal norms in the field of entrepreneurial and other economic activities. The purpose of study is to analyze the procedure for conducting a regulatory impact assessment. Within the framework of writing the work, both general and special legal scientific methods are used: analysis, synthesis, formal legal method, legal hermeneutics and a number of others. We analyze the concept and objectives of regulatory impact assessment. At the same time, we draw attention to the absence of a unified definition of “regulatory impact assessment” enshrined in the legislation. We propose to define at the legislative level a list of principles on which this procedure is based. As a result of study, we note the high social significance of the assessment of draft regulatory legal acts and decisions, we note the results that its implementation in practice leads to.