Description: The regulatory framework refers to a set of rules, regulations, and guidelines that govern the operations of an organization. This framework is essential to ensure that companies operate within the legal and ethical boundaries established by competent authorities. It includes regulations covering various areas, such as data protection, cybersecurity, sustainability, and ethics in the use of emerging technologies. A well-defined regulatory framework helps organizations mitigate risks, protect sensitive information, and ensure consumer trust. Additionally, it promotes transparency and accountability in resource management and the implementation of new technologies. In a constantly evolving technological environment, the regulatory framework adapts to address emerging challenges, ensuring that innovations are developed safely and responsibly.
