The unique word is chapter 2 verse 20 is translated 'submit to regulations'...
"If with Christ you died to the elemental spirits of the world, why, as if you were still alive in the world, do you submit to regulations - 'Do not handle, Do not taste, Do not touch' (referring to things that all perish as they are used) - according to human precepts and teachings? These have indeed an appearance of wisdom in promoting self-made religion and asceticism and severity to the body, but they are of no value in stopping the indulgence of the flesh. If then you have been raised with Christ, seek the things that are above, where Christ is, seated at the right hand of God. Set your minds on things that are above, not on things that are on earth. For you have died, and your life is hidden with Christ in God. When Christ who is your life appears, then you also will appear with him in glory." - Colossians 2:20 - 3:4 ESV
What a challenge this is for us. The rules seem like our best recourse to keep the unruly in line but this passage suggests something else.
We have a hidden life with God and when Christ is revealed that life is revealed also.
We imagine that we have our own story straight but I think we will be surprised. God's account is from the 'hidden in Christ' perspective. It won't be about how much or little we regulated ourselves.