Dear Friends, Can you please post a cut and short difference between the below? 1. Statutory Requirement 2. Legal Requirement 3. Regulatory Requirement Regards, Sundar
From United States, Mundelein
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1From United States, Mundelein
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Statutory vs. Regulatory Requirements
Statutory: Any law approved by parliament and implemented by governmental agencies or authorities.
Regulatory: Any law or guidelines prepared by state-level assemblies, NGOs, or institutions and implemented by governmental agencies are regulatory.
I also had a doubt about these words. Last week, this doubt was cleared by one of the renowned auditors from TUV.
Regards,
From India, Hyderabad
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Statutory: Any law approved by parliament and implemented by governmental agencies or authorities.
Regulatory: Any law or guidelines prepared by state-level assemblies, NGOs, or institutions and implemented by governmental agencies are regulatory.
I also had a doubt about these words. Last week, this doubt was cleared by one of the renowned auditors from TUV.
Regards,
From India, Hyderabad
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