regulatory
adjective
GOVERNMENT, LAW uk/ˈreɡjələtəri/ us/ˈreɡjələtɔri/relating to the activity of checking whether a business is working according to official rules or laws:
regulatory control/powers
It is time to develop a new regulatory framework to ensure the safety of investors.
The deal is subject to regulatory approval.
Compare
statutory
regulatory agency/authority/body
[ C ]
an official organization that is responsible for checking whether a business is working legally and according to rules or laws:
Any regulatory agency can shut down a project if it does not meet health and safety standards.
Regulatory bodies in Europe are questioning the drug's safety.