Definition, Meaning & Synonyms
financial-watchdog
noun
/fəˈnæn.ʃəl ˈwɒtʃ.dɒɡ/
Definition
An organization or an individual that monitors the financial activities of businesses or institutions to ensure their compliance with laws and regulations.
Examples
- The financial watchdog discovered several violations of securities regulations.
- Many investors rely on reports from the financial watchdog before making investment decisions.
- Regulatory bodies act as financial watchdogs to enforce compliance within the industry.
Meaning
A financial watchdog plays a crucial role in preventing fraud, protecting consumers, and maintaining the integrity of financial markets.
Synonyms
- regulatory agency
- oversight body
- compliance monitor
- financial regulator
