Which term is used to describe the formal notification of a regulatory breach?

The term used to describe the formal notification of a regulatory breach is "Notice of Violation." This term indicates that a specific regulation has been breached, and it serves as an official communication from regulatory authorities to the offending party. The purpose of a Notice of Violation is to inform the recipient of the breach, outline the specific regulations that have been violated, and often, indicate the potential consequences or required corrective actions.

By formally notifying the party of the violation, the regulatory body establishes a record of the issue and provides a framework for the entity to respond or remedy the situation. This is essential in maintaining compliance and ensuring that businesses adhere to the necessary regulations governing their operations.

In contrast, other options such as a Warning Letter might serve as an initial warning and may not denote a formal regulatory breach; a Compliance Report typically documents adherence to regulatory standards rather than breaches; and a Regulatory Notice can refer to various types of communications from regulatory authorities but does not specifically focus on notifying breaches.