Regulatory Exemption
/ˌrɛɡjʊˈleɪtəri ɪɡˈzɛmpʃən/
Definitions
- (n.) An official provision that excludes an individual, entity, or activity from compliance with a specific regulatory requirement.
The company sought a regulatory exemption to avoid the costly environmental reporting mandates.
- (n.) A legal allowance permitting deviation from standard regulatory obligations, often granted to promote flexibility or encourage innovation.
Startups often apply for regulatory exemptions to test new financial products without full licensing.
Forms
- regulatory exemption
- regulatory exemptions
Related terms
See also
Commentary
Regulatory exemptions typically require explicit authorization and do not imply a permanent removal from regulatory authority; drafters should clearly specify scope and duration.
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.