Legal insight on holding banks accountable for Rand manipulation
Katlego Sekhu Photo by EKATERINA BOLOVTSOVA: https://www.pexels.com/photo/judge-signing-on-the-papers-6077447/ Last week, UK-based Standard Chartered Bank reached a settlement with the Competition Commission for colluding with 27 other banks to manipulate the rand. As a result, they have agreed to pay a fine of approximately R43 million to resolve the case. In light of our previous discussion on the economic implications of this case, 959 Breakfast invited legal expert Mpumelelo Zikalala to shed […]