1. The range, extent, or sphere of authority and responsibility within which regulatory rules and oversight apply
The central bank operates within its regulatory scope to ensure financial stability.
O banco central atua dentro de seu âmbito regulador para garantir a estabilidade financeira.
2. The legal framework and jurisdiction that defines the limits of regulatory power and intervention
The telecommunications agency expanded its regulatory scope to include digital services.
A agência de telecomunicações expandiu seu âmbito regulador para incluir serviços digitais.