DETI Begin Work On Tackling Red Tape
Enterprise, Trade and Investment Minister Arlene Foster has announced the launch of a comprehensive review of business red tape in Northern Ireland. The aim of review is to look for ways to reduce the regulatory burden on local businesses. Arlene Foster said: “Red tape or unnecessary and burdensome administrative requirements are a real handicap for businesses. Although regulation is necessary, business people, particularly owners of small firms, are forced to spend too much time complying with burdensome paperwork that hampers their efforts to succeed.
“I am launching this review as I want to ensure that Northern Ireland businesses can focus on selling more products, making their operations more efficient and employing more people. The Review will provide the local business community with an excellent opportunity to have their say on the regulations that affect their everyday lives. “In order to ensure the outcomes actually deliver an improvement in the regulatory environment in Northern Ireland, it is important that business bodies actively contribute. We need to know what areas they consider to be particularly burdensome and believe warrant consideration as part of the review.”
The Review is a key action in the Economic Pact Building a Prosperous and United Community and will be a significant contribution to supporting businesses in growing locally and exploring new market opportunities. The team conducting the review will be guided and supported by a senior level Advisory Panel with business and public sector experience.
Arlene Foster continued: “This Review will contribute to charting a longer term regulatory reform agenda for Northern Ireland. It will be guided by an Advisory Panel of high calibre people, each bringing a wealth of business and public sector experience. The Review Advisory Panel Members are Lord Curry of Kirkharle, Chair, Better Regulation Executive, George Lucas, Chair, Health & Safety Executive for Northern Ireland, Francis Martin, Senior Partner, BDO and Alan Shannon, retired NICS Permanent Secretary. “I want to ensure that the outcomes will make a lasting impact on the competitiveness of doing business in Northern Ireland. Not only will it free up businesses from unnecessary red tape but it will let them focus on growth, exports, increased employment opportunities and innovative research and development.” The Review is expected to complete its work by mid-2014.