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Organizations must comply with statutory requirements by law. Whereas regulatory requirements may or may not have been legally set forth. They are generally used to manage or control an activity.

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What are the difference between statutory and regulatory?

Statutory refers to laws passed by the state of federal government. Regulatory means a rule issued by some agency that the government has given authority to regulate an industry.


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What is the difference between voluntary standards and regulatory standards?

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The difference between statutory and non statutory rights is that one is supplied by the government and the other one isn't. Statutory rights are bestowed by particular government to governed people and are relative to specific cultures and governments


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Statutory would be those mandated by law, voluntary would be those agreed upon between employer and employee.


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Statutory is govern by government legislation while independent are mainly charity organisations

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