1. The process of creating, implementing, or evolving regulations and regulatory frameworks within a specific industry or sector
The regulatory development in fintech has accelerated over the past five years.
O desenvolvimento regulatório no fintech acelerou nos últimos cinco anos.
2. Progress or advancement in the establishment of rules and standards that govern organizational or institutional conduct
Recent regulatory development requires companies to adopt stricter data protection measures.
O desenvolvimento regulatório recente exige que as empresas adotem medidas mais rigorosas de proteção de dados.