regulatory oversight
Government agency watchfulness
Regulatory oversight is the supervision and monitoring of industries, institutions, or activities by government agencies or other authorities to ensure compliance with laws and standards.
It encompasses inspections, audits, enforcement actions, and rule-making: The financial crisis exposed gaps in regulatory oversight of mortgage lenders.
Calls for more or less regulatory oversight reflect ongoing debates about government's proper role in markets and public safety.
- inspectorateAgency conducting official reviews
- government agencyState administrative body
- ombudsmanPublic complaints investigator
- complianceAdhering to requirements
- by the bookFollowing established procedures exactly
whistleblowing · transparency · sanctions · investigations · regulatory body · corrective actions · penalties · slap on the wrist · risk assessment · checks and balances · monitoring · auditing · paper trail · enforcement actions · commission · congressional hearing · legislature · due diligence
- oversightreview, auditors, supervisor, compliance, licensing
- regulationregulators, rules, laws, standards, agencies
- trade regulationantitrust, fair competition, trade practices, monopoly, monopolies
- securitysecurity guard, security cameras, alarm system, security system, lock
- vaccinesvaccine, Pfizer, polio vaccine, Moderna, vaccines
- workplace safetyworkplace safety, PPE, safety standards, worker safety, goggles
regulatory oversightderegulation
Removing governmental business restrictions
laissez-faire · free rein · Wild West · anything goes · blind eye
regulatory oversightself-regulation
Managing one's own behavior
self-policing · self-monitoring · self-governance · honor system · self-certification