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What does self-regulatory mean?

Looking for the meaning or definition of the word self-regulatory? Here's what it means.

Adjective
  1. That regulates without external control or monitoring
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Examples
That may help explain why regulators are often so unimpressed by the profession's self-regulatory efforts.
There is a precedent for the self-regulatory approach.
The measures taken ought to foster the development of self-regulatory capacity in the Member States and the European Union as a whole.
The CBA recommends that a provision be added to the Act to facilitate the disclosure of required information to self-regulatory organizations.
Such self-regulatory perseveration is characterized by unproductive rumination about the failure.
Despite this progress, SEPA migration as a self-regulatory process, has not yet achieved the results that were initially expected.

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