A lack of transparency in OTC positions was a key reason the LME struggled to manage the turbulent nickel trading earlier this year.
June 21, 2022The BOE said it found shortcomings in resolution plans prepared by HSBC, Lloyds Banking Group and Standard Chartered.
June 17, 2022The BOE will seek views from the public later this year about the possible issuance of a CBDC in the "second half of the decade" at the earliest.
June 10, 2022The local banking association is developing the climate-change stress tests, the content of which will be finalised by the end of this year.
June 9, 2022Judicial review claims from Elliott Associates and Jane Street Global Trading challenge LME's decisions to cancel nickel trades in March.
June 7, 2022Without early action, the UK's largest banks and insurers would suffer climate-related losses worth $418bn by 2050.
May 25, 2022Banks would be required to report all off-exchange trades in aluminium, copper, nickel, tin and zinc on a weekly basis.
May 21, 2022The hypothetical framework would replace the current set of buffers with a "single, releasable buffer of common equity", sitting on top of a low minimum requirement.
April 29, 2022The warning is reportedly directed at Barclays, the only UK lender that used its pension scheme for capital arbitrage transactions in recent years.
April 18, 2022The FCA will review LME’s approach to managing the suspension and resumption of the nickel market, while the BOE will review LME Clear.
April 5, 2022