FMF NEWSLETTER 29 NOVEMBER 2017

Dear friend of the FMF

This week’s editorial, written by Professor Robert Vivian, examines the effects of the withdrawal, with immediate effect, of the Guideline on the determination of reappointment of debarred representatives (13 July 2011) announced by the FSB, the regulator, on 20 October 2017. Professor Vivian explains that the FAIS Act contains legislation that removes a person’s right to work, a right that ought to be protected in a democratic society.  The Act contains provisions that empower employers in the financial services sector to restrict dismissed employees from ever again finding work in the sector. The legislation violates the rule of law and the principles of constitutionalism.

The right to work and debarment in the financial market  – PROF ROBERT W VIVIAN

Who in their right mind would believe there is a law on our statute books which is interpreted and applied in such a way that it makes it possible for an employer to deprive an employee, without the due process of law and without any proper enquiry, indeed any enquiry at all, of his or her livelihood nationwide and without any demonstrable knowledge of the legal requirements? Once the employee is debarred in this way from working, the only means left for them to regain employment is to approach the courts at enormous personal cost and risk.

VIDEO: Twin Peaks - how Treasury will cost SA an additional R4,8bn per year

Wednesday, 6 December MEDIA BRIEFING – Leon Louw – Public participation in bad faith continued with telecoms bill @11h00 @ FMF – RSVP http://www.freemarketfoundation.com/View-Event?i=166

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Business Day column Best way for the state to deal with spectrum is to get out of the way – Leon Louw, 24 November 2017
Media releases The Department of Health’s proposals are an effective ban on smoking

Media digest OCTOBER 2017 for all media coverage

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