Regulatory Agency

From Open Risk Manual

Definition

Regulatory Agency. A public authority or government agency responsible for exercising autonomous authority over something in a regulatory or supervisory capacity

Typically, a regulatory agency is chartered to protect some constituancy, (e.g., investors in the financial industry), to ensure the fairness and integrity of some market (e.g., the securities market), and fair and safe business practices among the service providers in that market.

Example

Synonyms

  • Regulator

See Also

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.