TPP Cosmetics Annex Is 'Signal To The World' For Regulatory Best Practices

Recently released text from the Trans-Pacific Partnership outlining cosmetics regulatory best practices promises to be a "signal to the world," according to the Personal Care Products Council. The cosmetics annex calls for a risk-based approach to safety assessment and oversight systems based on postmarket surveillance rather than premarket authorization, among other principles that TPP parties would be expected to embrace if the deal goes through.