Principles based

Regulation - standard setting.

A principles based approach to regulation and standard setting places a relatively greater emphasis on identifying and publishing overarching principles.

Contrasted with a rules based approach, characterised by greater emphasis on establishing individual detailed rules, usually resulting in a larger number of individual rules.

See also

• Accounting standards
• Actuarial standards
• Auditing standards
• Best practice
• Board for Actuarial Standards
• British Standards Institution (BSI)
• Climate Bonds Standard
• Climate Disclosure Standards Board
• Code
• Enforcement
• Ethics
• European Sustainability Reporting Standards
• FAST Modelling Standard
• Federal Accounting Standards Advisory Board
• Financial Accounting Standards Board
• Financial Markets Standards Board
• Framework
• Global Sustainability Standards Board
• Gold standard
• Good practice
• Governance
• GRI Standards
• Guidance
• IFC ESG Standards
• IFC Performance Standards
• International Financial Reporting Standards (IFRS)
• International Standards on Assurance Engagements
• International Sustainability Standards Board (ISSB)
• Law
• Legislation
• Principle
• Red tape
• Regime
• Regulation
• Regulatory standard
• Regulatory Technical Standard (RTS)
• Rules
• Rules based
• Standard
• Standard Setting Body
• Standards
• Supervision
• Sustainability Accounting Standards
• US GAAP