In a process for regulating a refrigerating system (1) using an expansion valve (4), one side of the regulating member is pressed by the pressure of refrigerant at the evaporator side and the other side of the regulating member is pressed by the vapour pressure of a sensor system (22) whose sensor temperature is determined by the refrigerant saturation temperature and by the heat supplied by a heating element (27). Heat supply is regulated depending on a measurement value (overheating or liquid level). Also disclosed is a refrigerating system (1) regulated in this manner and an expansion valve (4) as essential component of such a system. An improved, economic and universally applicable regulation can thus be obtained.