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Sants continued: "This more intrusive and direct style of supervision we call 'the intensive supervisory model'.
Mr Sants talked of a new "intensive supervisory model", which should make people "very frightened" of the FSA.
"It's reflective generally of our intention to take forward a much more intensive supervisory model where we do take more risk, in the sense we will be making more judgements about the future".
The scenarios change from year-to-year, and the Fed's supervisory model can be modified as new products are introduced and as correlations among asset classes change, Tarullo said.
In order to place these recent regulatory initiatives in the appropriate Community law context, the article begins with a brief overview of the basic principles underlying the Community legislation in the financial services sector, the relevant institutional framework (including the so-called Lamfalussy process), and the supervisory model currently applied in the EU.
The CHEW's role followed the supervisory model outlined by Mireku et al. (13).
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Two types of control strategies are demonstrated, one that uses a set of decentralized single-loop controllers and another that uses a supervisory model-based control strategy.
Consequently, rather than only focusing on detecting possible shortcomings in the current regulatory framework, legislators at the Community and national level should direct their efforts toward the rapid development of reinforced and appropriate supervisory models.
Supervisors require knowledge of supervisory models, standards and policies, supervisee developmental levels, adult learning principles, self-care frameworks, and the influence of diversity.
Furthermore, in many cases, the flexibility of the various supervisory models was viewed as a strength for the university's training programme.
The model is frequently found within social work [ 4] and nursing [ 15], and recommended for use in medicine [ 16], while other allied health professions, such as physiotherapy, psychology, and speech therapy, report using discipline-specific supervisory models [ 17– 17].
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