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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…
