On 19 May, the Better Regulation Agenda was adopted. This comprehensive package of reforms sets out a series of actions aimed at ensuring that policy is prepared, implemented and reviewed in an open, transparent manner, informed by the best available evidence and backed up by involving stakeholders. It aims to improve the quality of new laws through better impact assessment, new approach to reviewing the existing stock of EU legislation and keeping EU law fit for purpose with a new Regulatory Fitness and Performance Programme (REFIT). Better regulation covers the whole policy cycle and the need to combine optimally regulatory and well-designed non-regulatory means is acknowledged in the different tiers of the BR package, including in this Communication (see p. 6), as well as in the Guidelines (see pp.23, 41), and the Toolbox (see Tool #15). SRCR is now considered as one of the options both at the impact assessment and implementation phase of the policy cycle. The Principles for better self- and co-regulation are also endorsed as benchmarks for the good practice of SRCR.