Independent Authority
LBMA ensures the highest levels of leadership, integrity and transparency for the global precious metals industry by advancing standards and developing market solutions.
Who we are
LBMA's role is to advance standards in refining and promote good trading practices for banks and traders operating in the global precious metals industry.
LBMA protects the interests of those who buy and sell precious metals by assuring the quality of what is traded on the Loco London Market. LBMA accredits the supply of precious metals by assessing the robustness and veracity of third-party assurances, required in relation to refinery management systems.
LBMA is committed to trust and transparency, both within the industry and its own governance.
What we do
Guaranteeing metal quality in the Loco London Market through the trusted Good Delivery List.
Find out more →Promoting a robust, fair, effective and appropriately transparent market.
Find out more →Enforced by LBMA to ensure the ethical sourcing of metal across the supply chain.
Find out more →Our Team
Our expert group of staff, collectively referred to as the Executive, carry out work agreed by the LBMA Board and its sub-committees to ensure the efficient running of the association.
LBMA Board
The LBMA Board discusses matters of strategic importance, with senior membership representatives sitting on sub-committees to advise on specific areas of expertise. The Board has an independent Chairman as well as Non-Executive Directors, ensuring the independence of the governance of the LBMA.
LBMA Sub-Committees
Our Market and Board Sub-Committees advise on specific areas of expertise, enabling us to benefit from the knowledge, experience and dedication of senior members.