The SARB has previously announced that as from 01 September 2018 it will only transact with counterparties in the foreign exchange market that have committed to adhering to the FX Global Code. Some of the other initiatives are contained in FMD’s newsletter, the FMD Update, copies of which are both available here tonight as well as on the SARB website3.
Conclusion  Allow me now to conclude by saying that we have come through another busy and challenging year, characterised by high levels of volatility and uncertainly in our markets. The collaboration between the SARB and financial market participants continued in a constructive atmosphere and ensured the orderly functioning of our markets in the wake of these challenges.