Regulation, in its essence, is the process of controlling or managing behavior or activity, often through rules and procedures established by an authority. It can refer to rules set by governments or organizations to govern conduct and ensure a desired outcome. In a broader sense, regulation can also involve self-control or the management of one's own emotions and states.
Legislation and regulation are both crucial components of a legal framework, but they differ in their origin, scope, and implementation. Legislation refers to laws passed by a legislature, like a parliament or congress, which are considered the foundation of a legal system. Regulations, on the other hand, are rules and standards created by government agencies to implement and enforce those laws.