statutory regulation
noun[U]
LAWukustheprocessofcheckingby agovernmentorganizationthat abusinessisfollowingofficialrules:
There is littlestatutoryregulationof thepeoplewhosellproductswhich are notcoveredby the Financial ServicesActrules.
TheInstituteisworkingtowardsstatutoryregulationfor theprofession.