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What does regulated company mean?

Updated: 9/15/2023
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13y ago

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Regulated companies were associations of merchants banded together for a common venture

requires the company to have a licences and there are regulatory bodies that govern such company (government bodies that look after that industry) for public safety reasons. Jobs that require a licence are called regulated occupations. Regulated occupations include nurses, doctors, engineers, teachers, Accountants and electricians. You need special education and experience before you can get your licence to work in most regulated occupations.

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