LBMA launches code of conduct for precious metals markets

May 25, 2017

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The London Bullion Market Association (LBMA) is launching a code of conduct aimed at boosting confidence in the $5-trillion a year London gold market, it said on Thursday, following years of heightened regulatory scrutiny of the city’s financial sector. The guidelines set out best practice in ethics, governance, compliance and risk management, information sharing and business conduct, the bullion market’s trade association said in a statement.

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