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.
Good Policies & Procedures. Good Policies. Are written in clear, concise and simple language. Address what is the rule rather than how to implement the rule. Are readily available and their authority is clear. Experts identified in each document are readily available to interpret policies and to resolve problems.