sääntelylaitos
A sääntelylaitos is a Finnish term that translates to "regulatory institution" or "regulatory body" in English. It refers to any organization, agency, or governmental body tasked with establishing, implementing, and enforcing regulations within a specific sector or across multiple industries. These institutions play a crucial role in ensuring public safety, fair competition, environmental protection, and consumer rights by setting standards and overseeing compliance.
The scope of a sääntelylaitos can vary greatly. Some might focus on a narrow area, such as
The establishment and powers of a sääntelylaitos are usually defined by legislation passed by the Finnish