The policy introduced last year (saying more in fewer words) (C1 Grammar)

Formal and academic writing tightens a noun phrase by cutting which was / which were / that was / that were and keeping just the past participle. The meaning is unchanged, but the sentence is leaner: "the policy that was introduced last year" becomes "the policy introduced last year". The past participle signals the action was done to the thing. Reach for this in reports, essays and news writing, where the density reads as polished; in relaxed speech the fuller "which was introduced" sounds more natural.

Drop "which was": leave the past participle

Drop "who are": leave the -ing form

When the relative clause already contains is / are + an -ing form, cut who is / who are / that is / that are and keep the -ing form: "students who are preparing for exams" becomes "students preparing for exams". Same meaning, fewer words, a more formal written feel. The is / are has to be there for this to work: "the man who owns the shop" has none, so it stays as it is (not "the man owning the shop"). Notice the split: the -ing form (preparing) says the thing does the action, while the past participle (introduced, collected) says the action is done to it. Like the past participle version, this is a tool of formal and academic prose; keep the full "who are preparing" when you want a plainer, more conversational tone.

Move it in front: join with a hyphen

Formal, academic and headline writing compresses a phrase that sits after a noun into a single hyphenated piece before it: "a protocol based on evidence" becomes "an evidence-based protocol". The pieces regroup in front of the noun and are joined with a hyphen, giving a punchy, economical phrase that acts as one word. Two things to watch. A measurement word goes singular in front: "a report of 200 pages" becomes "a 200-page report", and "a meeting of three hours" becomes "a three-hour meeting". And the hyphen itself is a matter of house style rather than grammar — publications differ on how many of these they hyphenate — so follow the style guide you are writing for and be consistent. Reach for the whole move when you want density and a formal, written tone; the fuller after-the-noun version stays clearer in relaxed, spoken English.