What Role do Stakeholders Play in Regulatory Advocacy?
Regulatory advocacy is a collaborative effort that involves multiple stakeholders:
1. Industry: Companies must comply with regulations and often participate in developing industry-specific guidelines. 2. Academia: Researchers provide the scientific data necessary for informed policy-making. 3. Government: Regulatory bodies create and enforce regulations. 4. Non-Governmental Organizations (NGOs): Often act as watchdogs, ensuring that regulations are followed and advocating for stronger protections when necessary. 5. Public: Public opinion can influence regulatory decisions, making transparency and education critical.
