LME WEEK 2016: LME toughens up on rule breaches, narrows margin for error

摘要

Regulatory scrutiny from the FCA – the UK’s financial watchdog – hastoughened the London Metal Exchange’s stance over rule breaches,with the warehousing industry bearing the brunt.The FCA intensified its focus on the metal industry in 2013 followingcomplaints from consumers that queues to get metal – mainlyaluminium – from LME-registered sheds were unacceptably long,pushing physical premiums higher.