PRACTICES OF A SMALL REGULATORY AUTHORITY

摘要

The small regulatory authority (SRA) is defined. Through the practices and methods of an SRA the problems are outlined. Recognition of the problems is the first step towards solving them. Some solutions on how to address the problems are proposed. The importance of reorganizing the SRA and the key role of the management is described. Co-operation with other regulatory authorities is emphasized. The effectiveness of the SRA should be assessed. Through its effectiveness deficiencies can be identified and plans to improve performance can be made. A good regulatory framework makes the relations between the regulator and the licensee much easier.