Definition, Meaning & Synonyms
regulatory-framework
noun
/ˌrɛɡjʊˈleɪtəri ˈfreɪmˌwɝːk/
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Definition
A regulatory framework is a system of rules, regulations, and guidelines established by authorities to govern behavior and ensure compliance across specific sectors or activities.
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Examples
- Government agencies are implementing a new regulatory framework for financial institutions.
- The regulatory framework for environmental protection has become more stringent in recent years.
- Corporations must adhere to the regulatory framework set forth by the industry regulators.
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Meaning
It refers to the structure and set of procedures that regulate actions, ensuring that entities operate within legal and ethical boundaries.
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Synonyms
- regulatory system
- governing framework
- compliance structure