Originally set up too late to protect the public from financial scandals, it now exists to gradually corode financial services in the UK. The favoured mechanism is by writing nonsensical rule books that go round in circles in the language of a 17th century lawlord on steroids. Also, rules that are "Principal Based" so that they can catch you out on anything they haven't written an actual rule for (yet). The FSA is the chocolate beard in the otherwise pristine washroom of British Financial Services. It will take UK Financial Services down the same road as our car industry has gone - India and China.
"Oh yes - but we'll fine a few more firms first, so we can each go in a new Porsche and flush our wee-wees away with Champagne"
FSA - Financial Strangulation Authority
Often missinterrepted as, Famous Stars and Stripes.
Used to define a girl who is young but dresses like a slut. Started seeing them when Britney Spears came out.
Syn: JoJo or Chicks on Disney
Friend: Dude she's in the 8th grade.
Senior: Oh, I guess she's just another FSA.
Friend: Yeah, my mom probably shouldn't let her go out like that.
2)interjection. Used to express enthusiasm for either success of failure in anything vaguely related to science.
3)verb. A codeword referring to the act of stalking.
2)Teacher: "...And Woodbridge did not win any medals at the CA State Science Fair."
Students: "FSA, bitch!"
3)"We should totally FSA tonight."