Meaning of the word "financial regulator" in English

What does "financial regulator" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

financial regulator

US /faɪˈnæn.ʃəl ˈreɡ.jə.leɪ.t̬ər/
UK /faɪˈnæn.ʃəl ˈreɡ.jə.leɪ.t̬ər/
"financial regulator" picture

Noun

1.

a government agency or other organization responsible for overseeing and enforcing rules and regulations within the financial industry to ensure stability, fairness, and consumer protection

Example:
The new policies were introduced by the financial regulator to prevent market manipulation.
The bank is currently under investigation by the financial regulator.
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