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LME Clear governance

Cobalt

LME Clear is authorised and regulated in the UK by the Bank of England.

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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