Definition, Meaning & Synonyms

regulatory oversight

noun

/ˈrɛɡjʊlətəri ˈoʊvərˌsaɪt/

Definition

The supervision and examination of regulatory agencies over various sectors to ensure compliance with rules and regulations.

Examples

Regulatory oversight is crucial in the financial sector to prevent fraud and maintain market integrity.
The government implemented stronger regulatory oversight in response to the environmental crisis.
Without adequate regulatory oversight, companies might prioritize profits over safety.

Meaning

Regulatory oversight involves monitoring and managing organizations to ensure they adhere to laws and standards set by authorities to protect public interest and maintain order.