Financial regulation refers to the set of laws and rules that govern the operation and conduct of financial institutions and markets. It aims to prevent financial instability, protect consumers, and promote fair and transparent practices in the financial sector. Financial regulations cover a wide range of areas including banking, securities trading, insurance, and investment management. Regulators, such as central banks and government agencies, enforce these regulations to ensure the stability and integrity of the financial system. Compliance with financial regulations is essential for maintaining public trust and confidence in the financial industry.