regulator ( regulators plural ) A regulator is a person or organization appointed by a government to regulate an area of activity such as banking or industry. n-count An independent regulator will be appointed to ensure fair competition.
regulatory adj ADJ n ...the UK's financial regulatory system.
self-regulatory , self-regulating
Self-regulatory systems, organizations, or activities are controlled by the people involved in them, rather than by outside organizations or rules. adj usu ADJ n
For a self-regulatory system to work, the consent of all those involved is required.
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