Tag: sarb

October 19, 2015 BY Mike Fox

South Africa finds problems in FX trading but not by major dealing banks

On October 27th 2014, the South African Reserve Bank (SARB) and the Financial Services Board (FSB) announced the launch of a review of the Forex trading practices among authorized dealers in the South African Forex market which was published today. A Foreign Exchange Review Committee (FXRC) was established, headed by Mr. J Cross, former Senior Deputy…

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