Description: A regulatory body is an authority or agency responsible for overseeing compliance with laws and regulations in a specific sector. Its main function is to ensure that entities under its jurisdiction operate according to established norms, thereby protecting public interests and promoting transparency and fairness in the market. These bodies can be governmental or independent and often have the authority to impose penalties, conduct audits, and issue guidelines. In the context of information technology and data management, regulatory bodies play a crucial role in overseeing compliance with regulations related to data privacy, information security, and consumer protection. The growing adoption of digital services has led to the creation of specific regulations aimed at ensuring that companies handle data responsibly and meet security standards. The relevance of these bodies lies in their ability to foster trust in the use of emerging technologies, ensuring that business practices are ethical and that user rights are respected.
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