Regulatory frameworks are structured systems of rules and guidelines that govern how organizations and individuals operate within specific industries or sectors. These frameworks are designed to ensure compliance with laws, protect public interests, and promote fair competition. They can vary widely depending on the area of regulation, such as finance, healthcare, or environmental protection, and often involve multiple levels of government and agencies. In many cases, regulatory frameworks are established by government bodies and can include laws, regulations, and standards that organizations must follow. They may also involve oversight mechanisms, such as audits and inspections, to ensure adherence. Effective regulatory frameworks help maintain order, safety, and accountability in society.