/ˈrɛɡjəˌleɪtəri ˈprɑˌsɛs/ – Phrase
Definition: 1. lệnh của cơ quan điều tiết;
2. quá trình điều tiết.
A more thorough explanation: The regulatory process refers to the series of steps and procedures established by a government or regulatory body to develop, implement, and enforce rules, regulations, and policies that govern a particular industry, sector, or activity. This process typically involves conducting research, gathering input from stakeholders, drafting proposed regulations, seeking public comment, and ultimately issuing final rules that have the force of law. The regulatory process is designed to ensure compliance with legal requirements, protect public health and safety, promote fair competition, and achieve other regulatory objectives.
Example: The regulatory process for obtaining a license to operate a business involves submitting an application, undergoing a review by the relevant government agency, and complying with all necessary regulations and requirements.