SeasonLee,
Regardless whether the feature is FOS or not, positional tolerance applied to 0.265 dimension controls something which is not coaxial with datum axis A. So the arrow indicated callout is only able to control position, not coaxiality or concentricity. In that case basic dimension from datum axis A to the center of the feature is missing. (BTW, I am not sure why you asked for concentricity since this characteristic has its own symbol and interpretation in Y14.5)
The other thing is that in my opinion this positional callout should not be there at all. Like it was already stated by others, flat should be rather controlled by profile callout relative to datums A and B (for that basic dimension from datum axis A to the flat would be needed), and the remaining portion of ø0.3107-0.3113 cylinder by position callout ø0.002 as it is shown in bottom view of your original print (the diameter symbol before position tolerance value is missing at the moment). Really nothing more would be required. In that case coaxiality of axis of the cylinder with datum axis A, which is a special case of position, would be controlled.