Malaysia Productivity Corporation (MPC) has digitalized their Regulatory Notification Submission process by launching the ‘Digital Regulatory Notification’ (DRN). DRN aims to improve the efficiency of rule-making process and supporting Good Regulatory Practice (GRP).
This move is in line with government ongoing digitalization initiatives that will bring further positive impact to the productivity and competitiveness of the country.
Speaking at the launch of the DRN, MPC Director General Datuk Abdul Latif Abu Seman said that this move is imperative to help regulators comply with Regulatory Impact Analysis (RIA) requirements when developing or amending regulations.
“This is a major milestone for MPC as we constantly look for ways to enhance smart regulations’ best practices, especially today when all businesses are embarking in digital transformation. This includes ensuring that efficiency in processing submission helps regulators make better decisions,” he said.
DRN is the main element of RIA, a process of examining the likely impact of a proposed regulation and a range of alternative options. RIA is applicable to any amendments to existing regulations or drafting of new regulations, with significant impact involving business, investment, or trade.
Currently, MPC is overseeing the whole RIA process.
“The RIA process is for regulators to state their proposals on new or existing regulations to MPC using the DRN platform.
“When this was done manually, it took 10 days or 14,400 minutes to get feedback from us if the proposal requires RIA or not. Now, it takes about 7 minutes through DRN, equivalent to almost instant response,” he said.
-HR HUB
