Regulatory Scheme
/ˌrɛɡjʊˈleɪtəri skiːm/
Definitions
- (n.) A structured set of legal rules and procedures governing a specific area of regulated activity.
The regulatory scheme for environmental protection includes emission limits and reporting requirements.
- (n.) An overarching framework established by legislation or administrative authority to enforce compliance and control.
The financial regulatory scheme aims to prevent fraud and maintain market integrity.
Forms
- regulatory schemes
Related terms
See also
Commentary
The term denotes both the substantive rules and the procedural mechanisms within a defined area of regulation; drafters should clarify the scope and components when referencing a regulatory scheme.
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.