South Africa’s stumbling forex probe
Last year, the Competition Commission of South Africa accused a host of global banks and their affiliates of colluding on foreign exchange benchmarks. Despite similar probes by the enforcer’s peers around the world, the South African investigation has not exactly gone to plan, having bogged down in a procedural quagmire. Given the matter’s scale and profile, the commission needs to ensure the case does not fall apart.
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Global Competition Review (GCR) is the complete source of news and analysis for competition practitioners. It keeps you up to speed with the issues and trends that matter, giving you the detail, and depth, you need to operate successfully.