regulatory (adjective, reg-u-la-to-ry, \ ˈreɡjələtɔːri \) controls (noun, con-trols, \ kənˈtroʊlz \)
Definition: are a form of limitations forced on the operations of a company according to the requirements presented by a regulatory agency. In a basic sense, a regulation is a legal rule that covers a particular social or economic activity of a company. The primary purpose of this mechanism is to ensure the existence of safe, high-quality company services without affecting the overall running and development of a business. Usually, regulatory controls are imposed on firms that deal with alcohol, prescription medication, and food sales and exist in the form of advanced notices, proposed and final regulations.
In a Sentence:
- A number of commonwealth countries have imposed regulatory controls on the companies working in the oil and gas industry to limit the damage they deal to the environment.
- The data center’s calculations are done on the basis of compliance by the national regulatory controls and accomplishing the satisfaction of the market’s needs and demands.
- The local regulatory agency is known to be very strict in enforcing regulatory controls to firms that sell alcoholic beverages.
Synonyms and related words: quality assurance, quality control, regulatory standards, regulatory consolidation, regulatory agency
