Regulatory Council
A Regulatory Council is a governing body that oversees and enforces rules and regulations within a specific industry or sector. Its primary role is to ensure compliance with laws and standards, protecting public interests and maintaining order. Members of the council often include experts and stakeholders from the relevant field, providing a balanced perspective on regulatory matters.
These councils can exist in various domains, such as healthcare, finance, and environmental protection. For example, a Healthcare Regulatory Council may set guidelines for medical practices, while a Financial Regulatory Council oversees banking and investment activities. Their decisions can significantly impact how industries operate and serve the public.