What are Regulatory Bodies Exams? Importance and Scope of Regulatory Bodies Here!

A regulatory body is a public organization or government agency that is responsible for enforcing regulations. This entails implementing requirements, criteria, or prohibitions, establishing a standard for actions, and enforcing or gaining conformity in these areas.

Regulatory agencies regulate a wide range of professions, but not all of them are regulated, and some are self-regulated. Regulatory bodies are often known as regulatory agencies, regulatory authorities, or regulators. These are government-created independent governmental agencies tasked with establishing and enforcing standards in a certain field of activity or operations. Regulatory agencies may or may not operate independently of executive direction.