On 19 May 2015, the Commission put forward a Communication to the European Parliament and Council on its Proposal for an Inter-institutional Agreement on Better Regulation , which inter alia includes proposals for institutional arrangements on impact assessment. This will be now be taken forward in negotiations between the three institutions and will replace the previous Inter-institutional Agreement on Better Lawmaking (2003) .
The three institutions agree that impact assessments should consider potential impacts across the social, environmental and economic dimensions. In 2005, the three institutions agreed on an interinstitutional 'Common Approach to Impact Assessment' (November 2005). The 'Common Approach' sets out the basic principles for impact assessment throughout the legislative process. In it, the European Parliament and the Council agreed to assess the impacts of their own ‘substantive' amendments to the Commission's proposal, and in doing so they will use the Commission's impact assessment as the starting point for their further work.
Cooperation with the Committee of Regions, and in particular their 'Subsidiarity and proportionality analysis kit', has helped the Commission to improve the guidance on how to analyse subsidiarity and proportionality in impact assessments. The Committee has also enabled the Commission to consult their Subsidiarity Monitoring Network and EUROPE 2020 Monitoring Platform to reinforce the analysis of regional and local aspects in impact assessments (see on-line surveys on these consultations).
Find what you wanted?