What does the term "Ajudication" in self-regulatory enforcement refer to?

The term "Adjudication" in self-regulatory enforcement primarily relates to the process of determining whether a violation of regulatory standards has occurred. This involves assessing evidence and making a judgment about compliance with established rules, principles, or policies.

In the context of self-regulation, adjudication plays a vital role in upholding standards set by the organization or industry. A decision made through this process could lead to various outcomes, including the imposition of penalties or the development of corrective measures. This is crucial for ensuring accountability and maintaining trust among stakeholders, such as consumers, businesses, and regulatory bodies.

The focus on determining violations directly aligns with the core definition of adjudication, distinguishing it from related processes such as rule-making, initiating enforcement actions, or conducting compliance reviews, which are essential but serve different functions within the regulatory framework.