1. A lack of regulation or absence of regulatory requirements in a specific area or sector, creating a space where activities may occur without legal oversight or supervision
The rapid growth of cryptocurrency exposed a significant regulatory gap in financial oversight.
O crescimento rápido das criptomoedas expôs uma lacuna regulatória significativa na supervisão financeira.
2. An area where existing laws and regulations are insufficient, incomplete, or fail to address emerging issues or technologies
The company exploited a regulatory gap to avoid compliance with environmental standards.
A empresa aproveitou uma lacuna regulatória para evitar conformidade com os padrões ambientais.