The FSC regularly reinforces its supervisory framework in response to international challenges in order to promote robust regulation of its licensees, safeguard public interest, foster investors' confidence and ensure more effective enforcement.
The over-arching aims of the FSC's supervisory framework include:
The Risk-Based Supervision (RBS) framework, which caters for both compliance-driven supervision and risk-based supervision, was implemented to assist the FSC to:
The adoption of the RBS framework led to the review and harmonisation of the FSC's inspections process and priorities. The RBS framework further enables the planning and the conduct of thematic inspections across its licensees.