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Robert Baichan Financial Services CC (RBFS) v Liberty Group Limited and Another [2021] ZAFST 80 (19 July 2021)

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THE FINANCIAL SERVICES TRIBUNAL

 

CASE NO.: A22/2021

 

 

ROBERT BAICHAN FINANCIAL SERVICES CC (RBFS)  APPLICANT

 

and

 

LIBERTY GROUP LIMITED                                                FIRST REPSONDENT

 

FINANCIAL SECTOR CONDUCT AUTHORITY                 SECOND RESPONDENT

 

 

RULING BY THE DEPUTY CHAIRPERSON

 

 

APPLICATION FOR RECONSIDERATION IN TERMS OF SECTION 230 OF THE FSR ACT 9 OF 2017

 

The application for reconsideration is dismissed summarily in terms of sec 234(4) of the FSR Act 9 of 2017 because it is frivolous and vexatious, not only because the issue does not fall under the Act, and that the applicant is not an aggrieved person (but one with grievance) but also because the "disclosure" itself is vexatious and brought with an ulterior purpose.

 

 

LTC HARMS

Deputy Chairperson

 

19 July 2021