The Tribunal determined that the 106-page referral affidavit provided sufficient information to support a preliminary conclusion that, when considered in its entirety, it appeared to demonstrate a potential agreement between foreign and local banks to manipulate the trading of the USD/ZAR currency pair.
Paraphrase this text:
The Tribunal concluded that the referral affidavit which extended to 106 pages
contained adequate details to justify a conclusion that, read as a whole, it prima facie
showed that there was a SOC between foreign and local banks to manipulate trading
of the USD/ZAR currency pair.
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