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South Africa's top court says bank rand-rigging case can proceed
South Africa's Constitutional Court ruled on Tuesday that competition authorities can pursue forex-rigging claims against six banks including JPMorgan Chase, BNP Paribas and HSBC, clearing the way for a full hearing of allegations that global lenders colluded to manipulate the rand more than a decade ago. The ruling preserves one of South Africa's largest market-manipulation cases after years of litigation.
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businessday.co.za
BREAKING | SA banks cleared of manipulating the rand
Local banks walk free after Constitutional Court ruling
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iol.co.za
Constitutional Court's ruling on currency manipulation: Implications for the Competition Commission
The Competition Commission's attempt to prosecute several banks for currency manipulation faced a setback in the Constitutional Court, with significant implications for the…
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engineeringnews.co.za
South Africa's top court says bank rand-rigging case can proceed
South Africa's Constitutional Court ruled on Tuesday that competition authorities can pursue forex-rigging claims against six banks including JPMorgan Chase, BNP Paribas and HSBC,…
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Standard Bank, FirstRand and Nedbank fume as ‘torturous’ rand-rigging case ends
Apex court did not overturn the appeal court’s insufficient evidence of collusion finding, easing a decade of reputational strain
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Constitutional Court rules against Competition Commission in landmark rand manipulation case
More than a decade of procedural battles later, the Constitutional Court has cleared the way for the Competition Commission's rand manipulation case against global banks to…
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WATCH | Unpacking the rand manipulation ruling
Business Day TV spoke to Redge Nkosi, executive director at Firstsource Money