5.5 Regulation, Inspection and Supervision

1. The regulation-making — the Authority's rules-and-regulations (the Government's-and- Authority's faces — the Insurance Regulation 2081's world).2. The directives-and-circulars — the market's daily governance (the accounting, the provisioning, the illustration standards).3. The inspection — the scheduled-and-special examinations (the inspectors' powers — the books-and-records access).4. The supervision's tools — the off-site surveillance (the returns' analysis); the risk-based supervision's modern face (the risk-profile approach); the prompt-corrective-action ladder.5. The reporting — the Government's reports; the annual report's publication.