At the London Metal Exchange we are committed to the highest standards of corporate governance and recognise that good governance is pivotal in helping the business to deliver its strategy.
We operate within a well-defined governance structure and embed governance principles and practices in the business which have been established upon the four cornerstones of accountability, transparency, fairness and integrity.
LME Clear is fully compliant with regulatory standards for clearing houses; our risk management methodologies and practices comply with the Recommendations for Central Counterparties developed by the Committee on Payment and Settlement Systems (CPSS) and the Technical Committee of the International Organisation of Securities Organisation (IOSCO).
The LME Clear Board has overall responsibility for the management of LME Clear and is governed by a Statement of Corporate Governance and five committees to which specific responsibilities are delegated.
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