regulation-setting
nounUK /ˌreɡjʊˈleɪʃən ˈsetɪŋ/
US /ˌreɡjəˈleɪʃən ˈsetɪŋ/
Regulation-setting is the act of making official rules that everyone must follow.
The regulation-setting committee met to decide the new safety rules for toys.
RELATED WORDS
OTHER MEANINGS
2. The process of establishing limits or controls for an industry or activity.
Regulation-setting in the banking sector helps prevent financial crises.
3. The activity of a body that formally adopts binding rules.
The agency's regulation-setting powers were expanded by the new law.
4. The act of determining the standards that products must meet.
Regulation-setting for medical devices ensures they are safe to use.