The term "regulatory requirements" refers to the standards, guidelines and rules established by regulatory bodies that govern an industry or specific activity. These requirements are designed to ensure compliance with safety, health, environmental, and other public interest concerns. They may include mandates for reporting, record-keeping, testing, labeling, and other measures necessary to protect the public good. Companies and individuals must adhere to these regulatory requirements in order to operate within their industry or engage in a specific activity. Failure to do so can result in penalties, fines, or loss of license.