Urges Regulatory Cooperation with Relevant Foreign Authorities

RESOLVED, That the American Bar Association urges federal agencies to pursue regulatory cooperation with relevant foreign authorities where appropriate and consistent with their legal authority, statutory mandates, and regulatory missions.

FURTHER RESOLVED, That the American Bar Association urges federal agencies to:

1)    Work with their foreign counterparts to develop common regulatory agendas, harmonized regulatory standards, information exchanges, and mutual recognition of tests and inspections;

2)   Strengthen relationships with foreign counterparts by providing training and technical assistance where such assistance is requested;

3)   Promote in these cooperative efforts the core principles of the United States sound administrative and regulatory process;

4)   Seek early input from representatives of affected interests when engaged in discussions with foreign regulators, and, where appropriate, publicly disclose the substance of the international discussions;

5)   Recommend corrective legislation to Congress where there is insufficient legal authority to permit the regulatory cooperation contemplated; and

6)   Coordinate and share information among sister federal agencies to facilitate regulatory cooperation with foreign counterparts, including through the Regulatory Working Group chaired by the Office of Information and Regulatory Affairs in the Office of Management and Budget.

DELETIONS STRUCK THROUGH; ADDITIONS UNDERLINED