Friday, July 24, 2009

Union International News by ashok Hindocha (M-9426201999)

Unite seeks union recognition at financial regulator
Thursday, 23, Jul 2009 12:00

Unite the union has called on the Financial Services Authority (FSA) to urgently enter into talks to recognise the union to represent all staff at the regulatory body.

There is currently no independent trade union to negotiate with management on behalf of the workforce at the financial regulator. Unite workplace representatives in the FSA have been banned from distributing information about the union to colleagues.

Unite already has many members at the FSA, but the organisation continues to deny the union recognition to bargain collectively on behalf of staff.

The announcement by the Conservative Party that it plans to abolish the FSA has caused a wave on uncertainty across the organisation. Unite is seeking formal recognition of the 2,500 staff based in London and Edinburgh.

Rob MacGregor, Unite national officer, said: “At its annual meeting today the FSA must consider the needs of the staff working under massive pressure at the financial regulator. At a time of great economic and political uncertainty at the FSA, it is more important than ever that management and Unite representatives work together. Staff want a union to fight on their behalf, the FSA should stop resisting the calls of the workforce.

“There is a farcical situation in the FSA where commercial organisations, social and religious groups are allowed stalls, to give out leaflets to staff, and are able to put posters up, but the trade union is not.

“Staff view the plans from the Conservative Party as a bitter blow, they need reassurance that the important work of the financial regulator is not under threat.”

Unite has written formally to the Chairman of the FSA board, Lord Turner to ask for an urgent meeting to discuss formal recognition of the union.

For more information contact: Saba Mozakka, Unite press office on: 07768 693 953.

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