Sectoral regulations

Sectoral regulations are specific rules and guidelines that govern particular industries or sectors, such as finance, healthcare, telecommunications, and environmental protection. These regulations ensure that businesses operate fairly, safely, and responsibly, protecting consumers, the environment, and the economy. For example, financial regulations might require banks to maintain certain reserves for stability, while healthcare regulations ensure patient safety and quality of care. Essentially, sectoral regulations help maintain order and trust within crucial areas of society, promoting ethical practices and safeguarding public interests.