What is a self -regulatory organization
First, we will determine, in fact, with the very concept. Such an organization (SRO) is a non -profit association, it is based on voluntary membership.
The organization of this type includes companies or private individuals united by something common, for example, those that work in the same market segment, or produce some similar goods.
This association is carried out into an organization with independent regulation in order to control in a certain part of the market independently, without the assistance of the state. Today, the introduction of self -regulatory organizations leads to a gradual abolition of compulsory licensing, which is not surprising. As measures of influence, documents that the organization itself establishes, as well as the laws available in the country.