What is the definition of a regulatory framework?
Credit:JGIBlend ImagesGetty Images
Q:

What is the definition of a regulatory framework?

A:

Quick Answer

A regulatory framework can have varying meanings, but it commonly pertains to tax information, necessary regulations and other important information, like relevant rules, laws and regulatory bodies. Regulatory frameworks are important tools for businesses that are about to launch because these frameworks outline the measures of burden new businesses must be aware of when they begin to establish their enterprises..

 Know More

Full Answer

Businesses need regulatory frameworks for understanding the significant costs and procedures that must be followed. For instance, a regulatory framework may outline the stipulations a new business has to follow in order to be properly registered and to operate legally.

Learn more about Law

Related Questions

  • Q:

    What are garage sale permit rules?

    A:

    Garage sale permit rules are federal, state and city regulations imposed upon those who hold garage or yard sales to sell unneeded household items, reports About.com. These rules include the obtaining of permits, frequency of garage sale events, hours of operation, placement of signs and payment of taxes.

    Full Answer >
    Filed Under:
  • Q:

    What is the difference between ethics and law?

    A:

    Ethics and law differ in that ethics are social guidelines based on moral principles and values while laws are rules and regulations that have specific penalties and consequences when violated. Ethics do not have punishments, fines or associated penalties when people fail to abide by them while laws do. Both set standards of expected societal actions, but laws enforce actions while ethics set forth social guidelines.

    Full Answer >
    Filed Under:
  • Q:

    How can you find out about housing regulations and laws?

    A:

    Information about housing laws and regulations are found on the website of the U.S. Department of Housing and Urban Development or individual state departments of Housing and Community Development. Laws such as the Fair Housing Act prevent discrimination against disadvantaged citizens and other demographic groups, according to HUD.

    Full Answer >
    Filed Under:
  • Q:

    How does the government influence businesses?

    A:

    The government influences businesses through its control of fiscal and monetary policy as well as its ability to establish and abolish laws and regulations concerning how businesses can operate. By combining these control mechanisms, the government can have both a direct and indirect effect on various markets and industries.

    Full Answer >
    Filed Under:

Explore