BBVA has secured regulatory approval from the UK regulator, a crucial step in its hostile takeover bid for Banco Sabadell....
Regulation
Regulation refers to the rules, standards, and guidelines established by governing bodies to control and manage specific activities, industries, or behaviors within society. It is a mechanism used to ensure compliance with laws, protect public interests, maintain order, safeguard welfare, and promote fair practices in various sectors, such as finance, environmental protection, healthcare, and labor. Regulations can be enacted at multiple levels, including local, national, or international, and can vary in scope and enforcement. They are designed to address issues such as safety, quality, ethical conduct, and resource management, ultimately aiming to foster responsibility and accountability among individuals and organizations.
