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Regulatory Framework

A regulatory framework refers to a system of rules, laws, and guidelines that govern how certain activities are conducted within a society or industry. It is designed to promote safety, fairness, and accountability, ensuring that organizations and individuals comply with standards that protect public interests. This framework is established by government agencies and bodies and helps manage things like business operations, environmental protection, healthcare, and financial systems. By providing a structured approach, it helps maintain order and predictability, enabling citizens and businesses to operate in a secure environment.

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    A regulatory framework is a set of laws, rules, and guidelines established by governments and organizations to control and guide various activities within society, such as business practices, environmental protection, and public health. This framework ensures that actions are conducted fairly, safely, and within established standards. It involves various agencies that monitor compliance and enforce rules, helping to prevent harm and promote the welfare of individuals and communities. Overall, it serves to create order and protect the interests of the public.