A state-owned bank is a dreadful idea
The government should act like a government, and not play dress-up pretending to be a business.
The government should act like a government, and not play dress-up pretending to be a business.
The Rule of Law requires laws to be clear and predictable.
The draft bill requires a licensed financial institution to conduct its business “in a manner that promotes transformation.”
The government is failing to involve public in law-drafting process.
The problems created by government-mandated deposit insurance have long been recognised by economists around the globe.
That we over criminalise in this casual fashion means that a chilling effect is introduced into banking entrepreneurship.
The FMF’s pro-small business recommendations for financial regulation.
The Free Market Foundation’s submissions briefly outline relevant Rule of Law principles, mention the need for plain language, and refer to the Act’s provisions about codes of conduct.