LME Nickel Crisis Prompts UK Enforcement Probe

The video discusses the high-stakes situation in the nickel market, leading to an unprecedented enforcement action by the FCA against the London Metal Exchange. The FCA aims to investigate potential misconduct and improve systems and controls. The Bank of England also recommends strengthening governance and risk management at the clearing house.

What has been the duration of the investigation into the nickel market issues?

What did the Bank of England state regarding the LM's clearing house?