Public policies and regulation Sample Clauses

Public policies and regulation. Inappropriate strategic planning system within the public authorities and institutions; • Weak institutional capacity to coordinate public policies and the existence of an inefficient correlation system of public policies with the budget; • Insufficient demand at decisional level for impact assessments as a mechanism of underlying the public policies documents and normative acts drafts; • Limited capacity of ministries to develop impact analysis concerning underlying public policies documents and drafts of normative acts; • Heavy administrative burden borne by legislation for the business sector; • The general lack of trust and empowerment at the level of the administration results in excessive bureaucracy as a mean of protecting oneself rather than taking responsibility for the given tasks. This is visible in the extensive micro‐management, the number of endorsements necessary for various administrative decisions, the red tape, etc. • Lack of clear mechanisms for monitoring and evaluating the implemented public policies; • The existence of regulatory overlapping and, sometimes, of over‐regulation. Low planning capacity and ad‐hoc decision‐making without sound impact assessment generate a constant need to pass new legislative acts or modify the existing ones. In this context, the administration is no longer focused on achieving performance but on keeping pace with the constant legislative changes.
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Related to Public policies and regulation

  • Applicable Rules and Regulations The Account and each transaction therein shall be subject to the terms of this Agreement and to (a) all applicable laws and the regulations, rules and orders (collectively "regulations") of all regulatory and self-regulatory organizations having jurisdiction and (b) the constitution, by-laws, rules, regulations, orders, resolutions, interpretations and customs and usages (collectively "rules") of the market and any associated clearing organization (each an "exchange") on or subject to the rules of which such transaction is executed and/or cleared. The reference in the preceding sentence to exchange rules is solely for DWR's protection and DWR's failure to comply therewith shall not constitute a breach of this Agreement or relieve Customer of any obligation or responsibility under this Agreement. DWR shall not be liable to Customer as a result of any action by DWR, its officers, directors, employees or agents to comply with any rule or regulation.

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