South African Competition Commission: unredacted final Report on Banking:Uncensored

WIKILEAKS

 

Decrypted, unredacted 590 page report on the South African banking industry. Redacted parts were released on 12 Dec 2008 by the South African Competition Commision here: http://www.compcom.co.za/banking/technical%20report.htm

Using technical methods, Wikileaks has decrypted and removed the redactions from all of the report appart from a few images. The previously redacted regions, are shown in blue highlight.

The Competition Commission has the power to put some regulatory pressure on the banks to eg. lower fees & pay fines should the report find that the banks have formed a cartel with their exorbitant fees and unfair business practices. This report is important as it might explain why Banking fees in South Africa are so extremely high.

 

 

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