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New European initiative to reduce regulatory burden in the EU through digital solutions

SITRAFinlandHigh confidence1 min

What changed

A new European initiative, the OIVA (Open Innovation for Verified Automation) project, is being led by Sitra to reduce the regulatory burden within the EU. This two-year project aims to leverage digital solutions to simplify the identification, interpretation, and compliance with regulatory requirements, particularly benefiting small and medium-sized enterprises and cross-border public authorities.

Why it matters

Addressing regulatory complexity is crucial for fostering economic growth, innovation, and efficiency across the European Union. By simplifying compliance, this initiative can enhance competitiveness and reduce operational overheads, thereby supporting both private sector development and cross-border public services.

What to watch

Sitra is leading a two-year European initiative called OIVA (Open Innovation for Verified Automation).

Forward consideration, not a verified fact.

Reported by SITRA, Finland. The document itself is not reproduced here.

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