Please note that even though the main intent behind these rewrites was to simply and update the existing guidelines, minor adjustments have been made, so please take the time to study the new guidelines.
To explain two of the main changes included in the new writeup:
Among other changes included in the SRP system, owners of approved SRPs now would have to report back with a summary of all the activities of the SRP character since the approval of the original request, once 1 month after the approval, and once 4 months after the approval. The new SRP template also includes a set of short-term and long-term goals for the character. Actually achieving these goals is not required to keep the SRP, but the player is required to actually work toward them and document it on the forums in order to keep the approved privileges. This does not apply to SRPs approved prior to these changes.
With the rewrite of the faction rules, the 30 hours activity requirement is removed, however, factions with less than 5 active members may still be stripped of their official status when necessary - That being when a new faction applies for official status on the same ID, or if a faction goes by for a considerable time with nearly no participation in the server gameplay.