The Regulatory Institute proudly assisted the Southern African Development Community Parliamentary Forum (SADC PF) develop the world’s first Model Law on Public Financial Management (MLPFM). The MLPFM was unanimously approved by the 51st Plenary Assembly of the SADCPF on 14 July 2022, representing several months of work, by experts in several countries and an extensive consultation process across diverse sectors of the SADC region. This howtoregulate article outlines the regulatory assistance provided by the Regulatory Institute in the development of this trailblazing model law. Given the value of model laws as a lawmaking tool, the Regulatory Institute is developing a Model Laws Library, the aim of which is to facilitate the work of lawmakers. Continue reading World’s first Model Law on Public Financial Management
