LME Fines BNP Paribas 120,000 Pounds for Violations
The London Metal Exchange fined BNP Paribas 120,000 pounds for failing to submit timely reports in 2024. The bank missed several deadlines for market data.
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The London Metal Exchange has imposed a fine of 120,000 pounds on BNP PARIBAS following a series of regulatory breaches related to its risk-management systems. The exchange, which serves as a central marketplace for industrial metals in the United Kingdom, detailed the infractions in a statement released on Friday.
