Most evaluation items are written as a set of "significance," "main points of focus," and "supervisory methods and responses." They show what the authorities check in inspection and supervision and how they respond when they find a problem. The guidelines are divided by type of institution, such as those for major banks and those for financial instruments business operators.
For example, the market risk management item lists, as a point of focus, whether a firm that uses VaR chooses the observation period and holding period to suit the characteristics of its products and verifies the measurement results. Points of focus are written as questions in the form "does the firm do X?"
In the case of measures to explain products to clients, for example, the obligation is set by statutes such as the Banking Act, and the guidelines list the points the authorities look at when they check those controls. The guidelines for financial instruments business operators say that they do not require every evaluation item uniformly, and the guidelines for major banks ask that mechanical, uniform treatment be avoided. An effective date is shown for each version, so state the effective date when you cite them.