Yes, there is: https://learn.microsoft.com/en-us/microsoft-365/solutions/manage-creation-of-groups?view=o365-worldwide
Microsoft Teams Control

Is there a way to control within a large company who has permission to create a new team in Microsoft Teams?
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Vasil Michev 61,741 Reputation points Microsoft MVP
2020-08-27T17:41:50.897+00:00 -
JimmyYang-MSFT 33,816 Reputation points Microsoft Employee
2020-08-28T02:02:52.017+00:00 Hi!
By default, all users can create Microsoft 365 groups. If your business requires that you restrict who can create groups, you can try to create a security group for users who need to create Microsoft 365 groups. For more details, you can learn it from;
https://sharegate.com/blog/3-ways-manage-who-can-create-office-365-groups
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