Editing Standard Chartered (section)

=== South African rand manipulation (2023) ===
In November 2023, after an 8-year litigation, the [[Competition Commission (South Africa)|Competition Commission]] fined Standard Chartered R42.7 million rand for various offences that related to manipulating the USD/ZAR currency pair which included the fixing of bids, offers, bid-offer spreads, the spot exchange rate and the fixing of the exchange rate at the [[Financial Information eXchange|FIX]]. Standard Chartered assumed liability for its actions in manipulating the rand between 2007 and 2013.<ref>{{Cite web |last=Ryan |first=Ciaran |date=2023-11-15 |title=Standard Chartered settles forex rigging case after eight years in court |url=https://www.moneyweb.co.za/news/south-africa/standard-chartered-settles-forex-rigging-case-after-eight-years-in-court/ |access-date=2023-11-15 |website=Moneyweb |language=en}}</ref><ref>{{Cite web |title=MULTINATIONAL STANDARD CHARTERED BANK ADMITS LIABILITY TO CURRENCY MANIPULATION CASE, AGREES TO PAY R42M FINE |url=https://www.compcom.co.za/wp-content/uploads/2023/11/Media-Statement-Commission-settles-with-Standard-Chartered-Bank-15-November-2023.pdf |archive-url=https://web.archive.org/web/20231115142829/https://www.compcom.co.za/wp-content/uploads/2023/11/Media-Statement-Commission-settles-with-Standard-Chartered-Bank-15-November-2023.pdf |archive-date=2023-11-15 |website=[[Competition Commission (South Africa)|Competition Commission]]}}</ref>