The Financial Conduct Authority has fined the London Metal Exchange £9.2 million for inadequate systems and controls during the March 2022 nickel market crisis. Our Singapore Dispute Resolution team played a pivotal role in advising a sovereign-backed international commodity trader during this turbulent period. In a recent article, Singapore Partner Sumeet Malhotra and Associate Alankriti Sethi discuss the implications of this penalty and the importance of robust mechanisms to manage extreme market volatility. Read the article here: https://lnkd.in/eTmxa38D. #WFW #CommodityTrading #FCA #DisputeResolution
