Regulatory

Regulatory refers to the framework of rules, guidelines, and laws established by governmental agencies or bodies to govern specific activities or industries. This term typically pertains to the oversight and enforcement of standards designed to protect public interests, ensure compliance, and maintain order within various sectors, including finance, healthcare, environmental protection, and consumer safety. Regulatory actions may include the issuance of permits, monitoring compliance, imposing penalties for violations, and conducting inspections. The purpose of regulation is to create a structured environment in which organizations and individuals operate, aiming to minimize risks and promote fairness and transparency.