Regulatory frameworks are structured systems of rules and guidelines created by governments or organizations to manage specific activities or industries. They ensure compliance with laws, protect public interests, and promote fair practices. These frameworks can cover various areas, such as finance, healthcare, and environmental protection. These frameworks often include regulations, standards, and enforcement mechanisms. For example, the Environmental Protection Agency (EPA) in the United States establishes regulations to safeguard the environment. By providing clear guidelines, regulatory frameworks help maintain order and accountability within sectors, benefiting both businesses and consumers.