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Definition - What does Regulations mean?

Regulations are legal norms that are laid out in writing by regulatory bodies in order to prescribe certain types of conduct. They can also be laid down by independent entities or companies in order to standardize and regulate conduct within the entity, or by individuals in order to regulate their own conduct.

Safeopedia explains Regulations

Although many people and organizations have a negative attitude towards regulations, as regulations limit freedom of choice, regulations have several positive effects. Regulations can, for example, limit behaviors like discrimination, as well as be used to protect employee health in the workplace, be applied to reduce negative impacts such as pollution, protect human rights, and create obligations that result in positive outcomes.

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