Legal and Regulatory Frameworks

Legal and regulatory frameworks are the systems of laws and rules that govern how individuals and organizations behave within a society. These frameworks set standards to ensure fairness, safety, and accountability, and they guide the actions of government, businesses, and citizens. Legal frameworks include statutes and case laws, while regulatory frameworks consist of rules created by government agencies to enforce these laws. Together, they help maintain order, protect rights, and promote ethical conduct, creating a structured environment where society can function effectively.