Financial sector launches draft market code of conduct to boost trust - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

South Africa’s financial services industry has collaborated to launch the draft market surveillance code of conduct to build trust and confidence in the country’s

in the financial sector. The final draft of the market surveillance has been shared with the Financial Sector Conduct Authority , the stock exchange, Bloomberg and other financial service participants. “The communication surveillance is something that was picked up on when the currency Rand manipulation came up which is about what people say in the chat rooms and part of the message is don’t say anything confidential or relating to confidential client information in those chats and then the trading aspect deals with market abuse.

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