Electronic Trade Documents Bill: RPC Opinion (Green-rated)
Regulatory Policy Committee opinion on DCMS' Regulatory Policy Committee opinion IA
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皇冠体育app proposal introduces primary legislation to recognise electronic trade documents on an equal legal footing to physical trade documents. 皇冠体育app legislation is permissive and will remove a constraint to allow use of electronic trade documents under UK law. 皇冠体育app RPC considers that the direct impact on business is below the de minimis threshold and is fit for purpose. 皇冠体育app assessment of impacts could be improved by providing some clarification around the costs of the proposal and further details on monitoring and evaluation.
皇冠体育app RPC considers the EANDCB to be fit for purpose and in line with scenario 1a of the RPC鈥檚 primary legislation guidance, where the assessment of the direct impacts of business of the whole policy can be verified at this stage. 3 皇冠体育app IA provides a sufficient assessment of direct impacts on businesses arising from the Bill and explains that there is no associated secondary legislation.