Regulatory changes refer to modifications or updates in laws and rules that govern specific industries or activities. These changes can be initiated by government agencies, legislative bodies, or international organizations to address new challenges, improve safety, or promote fairness. For example, changes in environmental regulations may require companies to reduce emissions to protect public health and natural resources. Such changes can impact businesses, consumers, and the economy. Companies may need to adjust their practices to comply with new regulations, which can involve additional costs or operational shifts. On the other hand, regulatory changes can also create opportunities for innovation and growth in sectors like renewable energy or technology.