Competition Commission And Standard Chartered Bank

Case number: CR212Feb17/SA128Nov23
Case parties: Applicant: Competition Commission
Respondent: Standard Chartered Bank
Case type: Settlement Agreement
Case status: Order Issued No Reasons
Outcome: Confirmed
Order date: 2023-11-15
Sector: Financial and insurance activities
Industry: Security and commodity contracts brokerage
Relevant market: Market for spot trades in relation to USD/ZAR pair trading
Sections of the act: 4(1)(b)(ii)
Remedy: Penalty
Competition Tribunal Members: Andiswa Ndoni, Imraan Valodia, Liberty Mncube