regulatory framework
The set of laws, rules, and standards that govern a particular industry or activity.
C1Adjective + NounNode word: regulatory
Meaning
The set of laws, rules, and standards that govern a particular industry or activity.
Example Sentences
- “The regulatory framework for financial institutions is designed to prevent fraud and protect consumers.”
- “The company must comply with the regulatory framework for data protection to avoid fines and penalties.”
Quick Answers
What does “regulatory framework” mean?
The set of laws, rules, and standards that govern a particular industry or activity.
How do you use “regulatory framework” in a sentence?
“The regulatory framework for financial institutions is designed to prevent fraud and protect consumers.”
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