May 04, 2021

LBMA Responds to Prudential Regulation Authority Consultation

LBMA and World Gold Council jointly respond to the Prudential Regulation Authority’s consultation paper on the implementation of Basel Standards.

This response focuses on the application of the Net Stable Funding Ratio (NSFR) and the unintended consequences that the NSFR would have on the precious metals market.

You can read the full response below.