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FST Decision on debarment - D Mathebula vs Tracker Agility

Publish date: 14 December 2018
Issue Number: 52
Diary: CompliNEWS
Category: Case

The Financial Services Tribunal (FST) of the Financial Sector Conduct Authority (FSCA) has just released another decision and once again it involves the setting aside of a decision made by the financial services provider and substituting the same with its own decision.

Read about the allegation of an inducement to resign and other contraventions including some procedural components.

The full Decision of the FST can be read here

Working Smart

By Lee Rossini

Encouraging employees to change is seldom easy. During times of uncertainty, the challenge becomes even greater. Unfortunately, resisting change is human nature. People value stability and predictability as routines provide a sense of control. Uncertainty disrupts this comfort. Employees may fear losing status, skills or security if too much change is introduced. This is known as loss aversion – the tendency to perceive potential losses more strongly than potential gains.