Data protection and privacy rules

The storage and handling of data has been governed for many years in Europe by the Data Protection Directive 1995, and in the UK by the Data Protection Act 1998. From 25 May 2018, these regulations will be replaced by the General Data Protection Regulation (GDPR), which is designed to give you more control over how organisations collect, store and process your personal data as well as harmonising data privacy laws across a number of jurisdictions.

What does the introduction of GDPR mean?

The key benefits of GDPR are:

  • Enhanced protection – the new regulation means that all organisations must protect all the personal data that they hold, and act appropriately if there are any problems More control over your data – GDPR supports your rights to privacy and data protection
  • Choose who can contact you, and how – you can choose whether you would like be contacted by an organisation, and then the way that they contact you – for example, by email, telephone or post
  • Change your mind – you will be able to change your mind about the choices you have made at any time

It is important to note that the GDPR has a wider scope than just countries in the EU. Any company that does business with EU residents is subject to GDPR, if they are collecting, processing and storing that personal data.

Organisations which currently hold your data will ask to confirm your contact preferences – you may already have seen messages from the London Metal Exchange (LME) asking you to do this.

More information about how we treat personal data is given in our privacy statement.

What does this mean for registered users of LME.com and anyone who receives our communications?

If you have registered on our website, or you receive communications from us, you will need to re-confirm your preferences to continue to access those things.

After 25 May 2018, you won’t be able access enhanced LME market data on lme.com until you’ve logged in and your preferences have been updated.

You will also need to give us your consent so that you can continue to receive any newsletters, event updates and reports from the LME group by email after this date.

What should you do?

If you already have an lme.com account please login to update your contact preferences. It will only take a moment.

If you don't have an lme.com account and would like to access reports and data like the Monthly Overview, please register and provide your contact preferences. By registering you will gain access to enhanced LME market data, including, for example, current calendar year data for LME Aluminium, LME Copper and other LME metals.

If you would like to receive, or continue to receive marketing updates from the LME, you will need to mark this in your preferences when you log in or create a new account. You will be able to change your preferences at any time.

Information for LME members

As part of the LME’s ongoing commitment to provide a secure and reliable file transfer service, the LME’s existing Secure File Transfer Protocol (SFTP) infrastructure is being enhanced. The changes to the SFTP service will require some testing by members, with the test window opening for two weeks from 7 May 2018. A member connectivity test service will be available from 23 April 2018.

For full details of the changes to the SFTP service, testing arrangements and migration, please refer to LME Notice 18/105.