/ˈrɛɡjəˌleɪtəri ˈsɪstəm/ – Phrase
Definition: Hệ thống quy định.
A more thorough explanation: a system that makes sure that a person, business, or institution is conforming to laws and procedures designed to create and promote fair practice
Example: Vanuatu tightened up its tax and regulatory systems after warnings of economic sanctions.