REGULATORY POLICY

Regulatory policy is about achieving the government’s objectives through the use of regulations, laws, and other instruments to deliver better economic and social outcomes and thus enhance the lives of citizens and businesses.

In addition to fiscal and monetary policies, a government affects the economy through Regulatory Policy, which aims to limit what can be done in the marketplace. Most governments have some regulations covering a variety of areas, including:

Banking, insurance, and other financial businesses

Safety

Environmental impact