08 November 2024
In a word of increasing polarisation, it’s important to build shared international approaches to regulatory systems.
The UNECE: Working Party on Regulatory Cooperation and Standardization Policies (WP.6) has just published the latest in its basics series, The Basics of Risk Management in Trade.
I am so proud to have worked on this guide with world-class experts, to have presented it in Geneva in July, and to be one of its editors.
This collection of essays presents key aspects of quality infrastructure, technical regulations, product safety, market surveillance, inspections and conformity assessment. It also includes essays on emerging new issues including the transition towards a circular economy, AI systems, and gender considerations.
Alongside the WP.6 guide Basics of Quality Infrastructure in Trade, it’s essential reading for all those working in product safety, AI, trade and international regulation.
The guide includes:
🔷 Core concepts of risk management in regulatory systems
🔹Risk management in regulation and regulatory reform
🔹Risk-based market surveillance in practice
🔹Risk management in border clearance
🔹Risk management in conformity assessment
🔹Integrated risk management in border control
🔹Sector risk and business risk in risk-based inspection systems
🔷 Risk management in businesses
🔹Integrating regulatory risk into a business’ risk management system
🔹Navigating risks in the international supply chain: safeguarding global trade
🔹Building risk competence
🔷 Emerging issues
🔹The role of risk-based regulations in advancing the transition towards circular economy
🔹Evaluating residual risk of AI systems: Ensuring safety and regulatory compliance
🔹Gender considerations for risk management in regulatory systems
🔹The example of New Zealand's risk engine
UNECE WP.6 has produced a number of accessible, insightful and practical publications on international trade and regulatory systems.
You can find out more on the WP.6 website.
I am so proud to be a part of this Working Party, and to have contributed to this guide. Huge thanks to Director Elisabeth Türk, Lance Thompson, Secretary of WP.6, and the whole WP.6 Secretariat for inviting me to support this vitally important work.