Regulatory Consent
/ˌrɛɡjʊˈleɪtəri kənˈsɛnt/
Definitions
- (n.) Official permission granted by a regulatory authority to undertake a particular activity, ensuring compliance with legal and policy requirements.
The company obtained regulatory consent before launching the new financial product.
- (n.) The formal approval process required under statutory or administrative rules prior to a specified action or project.
Construction cannot commence without securing regulatory consent from the environmental agency.
Forms
- regulatory consent
- regulatory consents
Related terms
See also
Commentary
Regulatory consent is distinct from private agreements; it involves adherence to mandatory legal standards imposed by public authorities.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.