制定规章的机构制定的规章有法律的效力和影响。
Rules made by regulatory agencies have the force and effect of legislation.
全球化的机构应该以全球化的角度来制定规章制度，而不是由国家的执法者拼凑而成。
Institutions with global reach should be regulated in a global way, not by a patchwork of national regulators.
全球化的机构应该以全球化的角度来制定规章制度，而不是由国家的执法者拼凑而成。
Institutions with global reach should be regulated in a global way, not by a patchwork of national regulators.
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