FinServ is one of the areas prone to disruption, as FinTech startups and entrepreneurs have a different take on financial services. FinServ is one of the areas prone to disruption, as FinTech startups and entrepreneurs have a different take on financial services.
A policy is a deliberate system of principles to guide decisions and achieve rational outcomes. A policy is a statement of intent, and is implemented as a procedure or protocol. This information is often quite valuable when policies must be evaluated or used in ambiguous situations, just as the intent of a law can be useful to a court when deciding a case that involves that law. 2  Definitions, providing clear and unambiguous definitions for terms and concepts found in the policy document.
But with clear issue framing and strong evidence to substantiate the problem, stakeholders have been able to set the critical issue on the policy agenda. Policy formulation Policy formulation is the part of the process by which proposed actions are articulated, debated, and drafted into language for a law or policy. Written policies and laws go through many drafts before they are final.