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He added that the agency was reviewing how to "improve O.C.C. supervisory approaches".
As in other supervisory approaches, much of the supervision visit revolves around the completion of the checklist.
CHWs need practical, feasible and supportive supervisory approaches that avoid the pitfalls of routine supervision as it is commonly practised by health systems and that can be tailored to the local context and the diverse capacities and needs of communities.
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A new, proactive supervisory approach towards the City is promised, focused on outcomes rather than a tick-box culture.
The FSA operated a flawed supervisory approach which failed adequately to challenge the judgment and risk assessments of the management of RBS.
"We will continue to work together to deliver the F.S.A.'s reformed and intensive supervisory approach and drive forward the global regulatory reform agenda," Mr. Turner said.
But the regulator also said that it "operated a flawed supervisory approach, which failed adequately to challenge the judgment and risk assessments of the management of R.B.S".
A new supervisory approach, he says, would have to encompass all financial firms, given that risky activities "have a way of migrating to other financial firms or markets".
"This reflects a more general tendency in the FSA's pre-crisis supervisory approach for key supervisory decisions and responsibilities to be delegated several layers below the FSA's CEO," the report said.
"Flaws in the FSA's supervisory approach meant it did not appreciate the full extent of the risks HBOS was running and was not in a position to intervene before it was too late," it concluded.
However, it also highlighted its own short-comings in the lead-up to the collapse, saying it operated a flawed supervisory approach which failed to challenge the management of RBS.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com