Their fulfillment can only be judged through the existence and effective implementation of a regulatory framework.
"The Treasury Department said it would delay for six months the implementation of a global regulatory system that aims to make it harder for Americans to hide money offshore.
Assignment of responsibilities and arranging for implementation of a roadmap and monitoring plan.
While fortification of staple foods and condiments has gained enormous global traction, poor performance persists throughout many aspects of implementation, most notably around the critical element of regulatory monitoring, which is essential for ensuring foods meet national fortification standards.
'Substitution effects' have been described for both POAs and non-POA psychotropic medications subsequent to the implementation of tighter regulatory controls or monitoring, entailing shifts in both utilization and harm (e.g., in morbidity or mortality) [ 50- 52].
As such, ORC's role is to review and participate in the implementation of emerging regulatory requirements and monitor regulatory compliance through assessments.
In the US Medicare implementation of prospective payment, this perverse incentive was redressed through monitoring by Professional Standards Review Organisations [ 2]; in the Victorian (Australia) implementation, a monetary incentive was used to reward hospital accreditation, supplemented by a regulatory approach, monitoring of readmissions [ 15].
The council, the official said, "would be responsible to guide and monitor the implementation of the regulatory commitments and to tackle new regulatory challenges in the future".
Second, to improve monitoring of a regulatory authority and its work, we recommend that it create an audit committee.
Regulatory monitoring of food fortification is a complex process requiring leadership, good governance, and coordination.
Adequate enforcement powers can contribute to the timely implementation of the regulatory framework and therefore foster regulatory certainty, which is an important driver for investment.
