WATCH: Behind competition regulator’s forex-rigging case
Business Day TV speaks to Business Day editor-at-large Hilary Joffe
15 November 2023 - 18:24
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The Competition Commission’s foreign exchange case is back in court, with the banks charging that the commission must show that all 28 institutions were part of the alleged conspiracy to manipulate the rand before the case can go ahead. UK-based bank Standard Chartered on Wednesday agreed to pay a R42m fine to settle the matter.
Business Day editor-at-large Hilary Joffe has been closely following the developments and spoke to Business Day TV about the details of the case and its implications.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Behind competition regulator’s forex-rigging case
Business Day TV speaks to Business Day editor-at-large Hilary Joffe
The Competition Commission’s foreign exchange case is back in court, with the banks charging that the commission must show that all 28 institutions were part of the alleged conspiracy to manipulate the rand before the case can go ahead. UK-based bank Standard Chartered on Wednesday agreed to pay a R42m fine to settle the matter.
Business Day editor-at-large Hilary Joffe has been closely following the developments and spoke to Business Day TV about the details of the case and its implications.
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