Measuring and Improving Employee Motivation Essay

Measuring and Improving Employee Motivation - Essay Example The performance is stereotypical a feature that implies that the employees can sue him for destroying their reputation and discriminating against them based on their races. Racial segregation is a heinous criminal offense with the American government striving to create a holistic society. Such performances, therefore, derail government’s endeavors targeted at developing a cohesive society. Additionally, the United States underwent a period of intense racial segregation. The animosity that existed among the numerous races impaired the development of the country. To limit the manifestation of the undesirable features, the government banned racial segregation in its attempt to create a cohesive American society. The government thus criminalized numerous social features that would amount to racial discrimination, performing such imitations in a workplace with numerous people from diverse backgrounds amounts to racial discrimination, thus a criminal offense. While none of the emplo yees considered undertaking a legal action against Smith, the stunt was illegal and was an abject portrayal of disregard to the basic values of humanity. In another equal action pact scene in the episode, Michael Scot harasses the Indian woman a feature that prompts the woman to slap him in the face. The act of aggression constitutes a criminal offense and is an unethical practice in an ideal workplace. As such, Michael Scot can readily accuse the woman of battery, which is a serious criminal offense in the country. Additionally, the woman can also accuse Scot of harassment, which is an equally serious offense. Sexual offenses are serious offenses in any society and the fact that the harassment occurs at a workplace worsens the situation. In fact, should Scot press charges for battery, the Indian can readily claim that she acted in self-defense since Scot makes the first move to harass him. The behavior of the two contravenes factors that create a conducive workplace.

Financial Services Law Essay Example | Topics and Well Written Essays - 2250 words

Financial Services Law - Essay Example The Securities and Investment Board (SIB) was the over-all regulator of the investment businesses in the United Kingdom under the Finance Services Act 1986. The SIB is assisted by several-self regulating organizations and recognized professional bodies. The self-regulating bodies used to be: the Securities and Futures Authority Limited (SFA); Investment Management Regulatory Organization (MRO); Financial Intermediaries, Managers, and Brokers Regulatory Association (FIMBRA); and Life Assurance Unit Trust Regulatory Organization (LAUTRO).5 Because of the many regulatory bodies involved, many rules and regulations were enacted, thus confusion in the enforcement of Old Act did arise. There was a fear on the part of the those involved in the selling of financial services and they cannot give advice to their clients the way they want because of the fear that they will contravene the regulatory code and there was a heavy fine on the part of the financial service firm in case of bad advice given to clients.6 Another negative effect may be is that there was confusion on what procedure to apply in the investigation of offences and the enforcement of appropriate actions the Old Act considering the number of regulations produced by the number of self-regulating bodies involved The Financial Services and Markets Act 2000 In the year 2000, a new legislation was passed replacing the Old Act. The New Act is called the Finance Services and Markets Act 2000 (hereinto referred as the New Act or FSMA). It received Royal Assent on 14 June 2000 and was brought into force at midnight on 30 November 2001, commonly known at that time as N2. Under the FSMA, the Securities and Investment Board (SIB) and the supporting regulatory bodies under the Old Act were replaced with the Finance Services Authority (FSA) as the over-all regulator of the Act. The FSA became the super-regulator of the Act, being fully in force from 30 November 2001. Under the FSMA, the FSA has four objectives: maintaining market confidence; promoting public understanding of the financial system; the protection of the consumer; and fighting financial crimes.7 Key Changes under the FSMA The FSMA retained the fundamental principle of the Old Act8. Aside from establishing the FSA as the super-regulating body, the FSMA also introduced significant changes to UK financial services law, to include9: 1) a revised Financial Promotion Scheme; 2) powers to impose penalties for market abuse; 3) regulation, marketing and promotion of collective investment schemes; 4) recognition of investment exchanges and clearing houses; 5) delegation to the London Stock Excahnge of the relevant powers to regulated listingactivity and to approve all prospectuses; 6) establishment of a Single Ombusdman and compensation scheme, replacing thevarious schemes already in existence, to provide further protection to consumers; 7) establishment of a Financial Services and Markets Tribunal (FSMT) to hear appealsagainst decisions of the FSA. For European or International considerations, the