Regulatory Reporting

Regulatory reporting refers to the process where companies, especially in finance and healthcare, provide required information to government authorities and regulatory bodies. This reporting ensures compliance with laws and regulations designed to protect consumers and maintain market integrity. Examples include financial statements, risk assessments, and transaction data. The information helps regulators monitor industry practices, assess risks, and ensure transparency. Essentially, it’s a formal way for businesses to demonstrate they are operating legally and ethically, fostering trust in the system.