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South African Reserve Bank

Terms of Reference 

The South African Foreign Exchange Committee is a forum representing industry-wide key market professionals involved in the wholesale foreign exchange market under the sponsorship and leadership of the  South African Reserve Bank (SARB). This Committee has no legal powers to impose legal or regulatory obligations on market participants, but rather, it intends to provide guidance to FX market participants by identifying and promoting global good practices and processes in the domestic FX market.

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