Despite their essential functions, regulators face criticism regarding their capacity and effectiveness. Critics argue that some regulatory bodies may be too lenient or lack the necessary resources to enforce compliance adequately. Additionally, the balance between regulation and fostering business innovation is a delicate one. Overregulation can stifle creativity and hinder economic growth, while under-regulation may lead to market failures and consumer exploitation. Therefore, regulators must find a harmonious balance to create an environment that encourages growth while providing essential safeguards.