 بسم اللہ الرکھ مانرین وبرمجہ ویرسادہ بات مرسالہ کے اکترے کے دور کے بارے میں بہترے کیا ہے اور بہترے سکتے گفانات اور ایک ناری عنیسی کے دور کے وثے آنیس کے لنکس برسلہ او ایک ناری تک انمی اندرسی آنیسی کی ضرورہ کے اکٹرے نیسن ہے آنہس طرح او ایک ناری او ایک ناری او ایک جلوبیلی لیڈیز جنگمت، today's topic is very interesting because we are going to be talking about the different forms of government regulations, it can be self-regulated and it can also be government regulated so we are going to be looking at these two different dimensions and first of all we are going to look at self-regulation matured markets generally prefer self-regulatory system because they have greater proximity to the industry being regulated it will be less bureaucratic in nature ensuring equity to all the stakeholders so again wherever we see mature economies, mature markets where we see developed countries we see that they are focusing more on self-regulation because again it creates self-discipline it also ensures that those organizations can do things on their own without having a hammer on top of their head and thirdly again it also tends to create better nexises, better networks, better matrixes and frameworks of cooperation and collaboration between the different industries and between the different sectors and most importantly they are less bureaucratic and therefore lesser administrative cost and lesser roadblocks and lesser red tape and ensuring equity to all is extremely important when we talk about self-regulation and it will be easy for compliance so just like I was mentioning that it will be more transparent, more self-accountable and rather than being rule oriented it would be principle oriented the mechanism involved in the formulation and implementation of such system will be aware of all theoretical and practical issues so this is another very important aspect whereby we see that those mechanisms are more flexible, more adaptable and more all encompassing and rather than promoting rigidity they promote adaptability whereby the different players in the corporate sector can implement corporate governance in a much better way the advantages of self-regulation as revealed by John F. Kennedy are number one, proximity, flexibility, compliance, collective industry and resources so what we see is that these five elements tend to integrate together and contribute towards a self-regulatory government which is extremely important and is to the advantage of all of the different stakeholders and institutions within a particular country now there are certain disadvantages also and those disadvantages are number one it could lead to conflict of interest and there is a very thin line how is that going to be determined can also result in inadequate sanctions under enforcement global competition and insufficient resources so these are some of the black lashes which also come nothing is perfect where there are advantages there are also disadvantages of self-regulation so this is what we see that ladies and gentlemen that when we are talking about self-regulation then self-regulation is a preferred choice but it requires mature markets it requires a more mature and self-responsible government and then it also requires the different elements which have to integrate together so that they can promote self-regulation and that is the beauty of self-regulation within government thank you so much