The FSLA glossary seeks to provide definitions and descriptions of terminology relevant to financial services law and the financial services industry. It is a collaborative effort - if you think a term is missing, please suggest a definition using the Submit Term link. Suggestions for improving an existing entry should be sent to website@fsla.org.uk.
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| ARROW |
Advanced Risk Responsive Operating frameWork. ARROW provides the link between the FSA's statutory objectives and its regulatory
activities, and is designed to:
- identify the main risks to FSA's objectives as they arise;
- measure the importance of those risks;
- mitigate those risks where their size justifies this;
- monitor and report on progress of our risk management.
See further http://www.fsa.gov.uk/Pages/Doing/Regulated/supervise/index.shtml
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Glossary V2.0 |