THE FINANCIAL SECTOR: KEY SUPERVISORY AND REGULATORY INITIATIVES       Content Page Supervision Regulation Risk-based Regulatory Regime Fine-Tuning Regulatory framework Ensuring Sound Market Conduct Innovative Systems for Efficient Payment and Settlement     FINE-TUNING REGULATORY FRAMEWORK   . Amending the SFA and FAA . Enhancing Regulations for Investment-linked Policies and Unit Trusts . Consolidating Rules on Credit and Charge Cards . Box 5 – Deposit Insurance Scheme . Risk Management Guidelines . Win-win Partnership with Industry . Divesting Non-financial Businesses . Revised Regulations on Credit Files, Grading and Provisioning       Revised Regulations on Credit Files, Grading and Provisioning   Revised regulations on credit files, grading and provisioning, were issued for industry consultation in mid 2003. The revisions formalised existing practices on provisioning, valuation of collateral and 90-days arrears rule on loan classification, as well as file maintenance, credit reviews and provisioning requirements for consumer loans. The revised regulations will be issued in 2004.