chapter 6 - Malaysia Productivity Corporation ( MPC)

APPENDIX D – REGULATORY REVIEW
TERMINOLOGY AND DEFINITION
Australian Government Productivity Commission
The Australian Government Productivity Commission (AGPC) constitutes the Australian Government’s
independent research and advisory body on a range of economic, social and environmental issues
affecting the welfare of Australian citizens. It reviews existing regulations and undertakes comprehensive
research on important policy issues, for instance, identifying the drivers or factors influencing productivity
and trade regulations.
Business Licensing
Business licensing is a term that is normally used to describe an ex-ante process of approval for a firm’s
core business activity. In the context of regulatory review, business licensing is a process of approving a
firm’s core business activity prior to the official granting of a business license to commence operation.
Business Licensing Electronic Support System
Business Licensing Electronic Support System (BLESS) is a portal that provides information and facilitates
companies to apply licenses or permits to start operating business in Malaysia. It is a virtual One-Stop
Service Centre that assists companies to obtain business licenses on a timely and organized manner.
BLESS is developed and administered by the Implementation Coordination Unit (ICU), Prime Minister’s
Department, Malaysia.
Business Process Re-engineering
Business process re-engineering (BPR) refers to the analysis and design of workflows, processes, business
process redesign, business transformation or business process change management.
Code of practice
Code of practice is simply a set of rules specifying appropriate conduct or behavior for certain aspects of
business. Generally, the set of rules are not mandatory or compulsory. However, in certain countries (for
example United Kingdom), code of practice refers to a set of formally binding rules issued by a body of
an agency and they are known as mandatory codes of conduct.
Compliance costs
Compliance costs are basically the direct additional costs to businesses for undertaking the various
tasks associated to complying with government regulations. They are not just merely the direct charges
or fees imposed by the government but also include any costs arising from the necessity of having to
comply with the regulations concerned, for example facilitating inspection.
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