LME to consider internal funding, charitable donations from enforcement proceeds

The London Metal Exchange has closed its market consultation on its proposed arrangements for the use of enforcement proceeds, highlighting three principal options it plans to consider.

The consultation, which began in November 2018, sought the feedback of members, warehouses and other interested parties, with the bourse receiving eight formal responses in connection with the proceeds, it said in a note to members on Wednesday February 27. The exchange’s use of fine proceeds are...


Hassan Butt

February 28, 2019

14:09 GMT