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The most visible types of regulatory authorities in most Western nations are those whose mandates focus on labor relations, economic practices and banking, or consumer safety. Many other agencies with such regulatory power are part of a typical government, however, and may monitor aspects of human behavior ranging from religious observance to home construction.
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BetaList of Drug Regulatory Authorities of Different Countries. Asia. 1. India - The Central Drugs Standard Control Organisation(CDSCO) 2. Pakistan - Drug Regulatory Authority Of Pakistan. 3. China - The National Medical Products Administration (NMPA) 4. Malaysia - National Pharmaceutical Regulatory Agency (NPRA) 5.
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BetaA regulatory agency (regulatory body, regulator) or independent agency (independent regulatory agency) is a government authority that is responsible for exercising autonomous jurisdiction over some area of human activity in a licensing and regulating capacity. Examples of responsibilities include strengthening safety and standards, and/or to protect consumers in markets where there is a lack ...
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BetaRegulatory bodies can be international (acting through “cross-border” principles), national (applicable on a country level), or self-regulatory (applied nationally or internationally) in nature. The table below summarises the types of regulators as well as the jurisdiction(s) of enforcement of their powers:
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BetaTypes of Regulators and Regulations 1. Government Agencies. Government-based regulators can be established departments and agencies or sets of independent regulators controlled by the government. Government regulators have the legal authority to approve and implement the regulations within their jurisdiction. Courts always back government agencies.
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Betaregulatory agency, independent governmental body established by legislative act in order to set standards in a specific field of activity, or operations, in the private sector of the economy and then to enforce those standards.Regulatory agencies function outside direct executive supervision. Because the regulations that they adopt have the force of law, part of these agencies’ function is ...
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BetaTypes of Regulatory Authorities. Regulatory authorities can vary widely depending on their focus and jurisdiction.Here are some common types: Financial Regulators: Such as the Securities and Exchange Commission (SEC) which oversees securities markets.; Health Regulators: Like the World Health Organization (WHO) that sets standards for international health.
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BetaTypes of Regulatory Bodies. Statutory Independent Regulatory Agencies: Regulation by government through its own Departments or Agencies directly under its control has always existed. Example: FSSAI, SEBI, TRAI. Self-Regulatory Authority: The functions of Self-Regulatory Bodies may include: Issues of professional education
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BetaThe regulatory body ensures compliances in various legal and regulatory aspects of a drug. Every country has its own regulatory authority, which is responsible to enforce the rules and regulations and issue the guidelines to regulate drug development process,licensing, registration, manufacturing, marketing and labeling of pharmaceutical products.
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BetaInsurance Regulatory and Development Authority of India (IRDAI) (1999) IRDAI was established under the Insurance Regulatory and Development Authority Act, 1999, to regulate and oversee the insurance industry. It aimed to protect the interests of policyholders, promote insurance penetration, and ensure the stability of the insurance sector.
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A regulatory agency (regulatory body, regulator) or independent agency (independent regulatory agency) is a government authority that is responsible for exercising autonomous jurisdiction over some area of human activity in a licensing and regulating capacity. Examples of responsibilities include strengthening safety and standards, and/or to protect consumers in markets where there is a lack ...
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