Key words

Word 1

PENALTY

• a region or union’s independent power to set its own rules
• the quality of being open and clear about how something works
• a punishment for breaking a rule, often a fine
• the creation of new ideas, methods, or products

Word 2

REGULATION

• the act of following a law or rule as required
• the quality of being open and clear about how something works
• supervision by authorities to check that activities follow the rules
• an official rule made by a government or authority

Word 3

COMPLIANCE

• a punishment for breaking a rule, often a fine
• the quality of being open and clear about how something works
• the act of following a law or rule as required
• the creation of new ideas, methods, or products

Word 4

SOVEREIGNTY

• a region or union’s independent power to set its own rules
• to make sure a law is obeyed, using penalties if needed
• the quality of being open and clear about how something works
• the act of following a law or rule as required

Word 5

INNOVATION

• to make sure a law is obeyed, using penalties if needed
• an official rule made by a government or authority
• the creation of new ideas, methods, or products
• a punishment for breaking a rule, often a fine

Word 6

ENFORCE

• a punishment for breaking a rule, often a fine
• to make sure a law is obeyed, using penalties if needed
• the creation of new ideas, methods, or products
• supervision by authorities to check that activities follow the rules

Word 7

TRANSPARENCY

• a region or union’s independent power to set its own rules
• the quality of being open and clear about how something works
• a punishment for breaking a rule, often a fine
• the act of following a law or rule as required

Word 8

OVERSIGHT

• the creation of new ideas, methods, or products
• the act of following a law or rule as required
• supervision by authorities to check that activities follow the rules
• the quality of being open and clear about how something works