July 05, 2023

FMSB and LBMA Drive Transparency in Precious Metals Markets

In a spotlight report published this week, ‘Data and Transparency in Precious Metals Markets’, the FMSB Precious Metals Working Group – which includes LBMA – considers ways to improve trust and confidence in precious metals markets which could, in turn, support gold’s characterisation as a High-Quality Liquid Asset (HQLA).

To further this aim, LBMA has begun consulting with Members about establishing a regulated forward benchmark for gold. If you’re interested in taking part, please get in contact with david.gornall@lbma.org.uk.

You can read the full FMSB report to find out more.