LPMCL Privacy Policy / Legal Information

By using our website and agreeing to this policy, you consent to our use of cookies in accordance with the terms of this policy.
We may change this statement from time to time by updating this page. You should check this page occasionally to ensure you are satisfied with any changes. This statement was last reviewed on July 14, 2022 in line with the General Data Protection Regulation (GDPR).

How we use your personal data

In general, you can use this website without giving us any information. However we may collect personal and/or business details and information to be used for the purposes set out below in relation to this website.

Usage data
We may process data about your use of our website and services, such as geographical location. This data will be aggregated and anonymised therefore no personal details will be made available to us.

What do we do with the information we collect?

We use this information to provide you with a better service, and to control user access and internet site security.

With whom do we share this information?

We will not transfer, disclose, sell, distribute or lease your Personal Information to any third parties not affiliated with LPMCL, other than in the following circumstances:

  • We have your specific, informed and explicit permission;
  • We are required by law to do so.

We may also provide third parties with anonymised information and analytics about our website visitors, which will not identify any individual.

How do I control my personal data?

You have rights relating to your personal information, including the following:

  • To be informed about how your personal information is being used;
  • To access the personal information we hold about you;
  • To request the correction of inaccurate personal information we hold about you;
  • To request that we delete your data, or stop processing it or collecting it, in some circumstances;
  • To stop direct marketing messages, and to withdraw consent for other consent-based processing at any time;
  • To request that we transfer or port elements of your data either to you or another service provider; and
  • To complain to your data protection regulator — in the UK, the Information Commissioner’s Office.

If you wish to exercise any of the above rights, please contact LBMA at:

Email: mail@lbma.org.uk
Telephone: 020 7337 9778
Address: LPMCL C/O The London Bullion Market Association, 7th Floor, 62 Threadneedle Street, London EC2R 8HP

We may withhold personal information that you request to the extent permitted by law.

Security

We are committed to ensuring that your information is secure and understand that privacy is important to you. We take reasonable precautions to ensure that the Personal Information we hold about you remains confidential. In order to prevent unauthorised access or modification, improper use or disclosure and unlawful destruction or accidental loss we have put in place suitable physical, electronic and managerial procedures to safeguard and secure the information we collect on line. This includes information security technology such as firewalls, anti-virus software and password access protection controls.

Linking

We may link to other websites which are not within our control. Once you have left our website, we cannot be responsible for the protection and privacy of any information which you provide. You should exercise caution and look at the privacy statement applicable to the website in question.

Cookies/IP address

We use cookies for certain areas of our website. Cookies are files that store information on your hard drive or browser that means that our website can recognise that you have visited our website before. They make it easier for you to maintain your preferences on the website, and by seeing how you use the website we can tailor the website around your preferences and measure usability of the website. You can, should you choose, disable the cookies from your browser and delete all cookies currently stored on your computer. On Microsoft Internet Explorer, this can be done by selecting "Tools/Internet Options" and reviewing your privacy settings or selecting "Delete Cookies". You can find out how to do this for your particular browser by clicking "Help" on your browser's menu or by contacting us or by visiting http://www.allaboutcookies.org/manage-cookies/index.html. No information obtained from the cookie will be used by us for marketing purposes.

When you visit our site we may automatically log your IP address, a unique identifier for your computer or other access device. We will not use your IP address to identify you in any way. However, any activity we deem to be harmful to this website which can be attributed to a particular IP address may result in that IP address or range of IP addresses being disallowed further access to this website.

Disclaimer

None of the LPMCL, or its group companies, nor any of its group companies’ respective directors, officers, employees or agents (collectively the “Disclaiming Parties”) shall be liable in respect of the accuracy or the completeness of the monthly clearing statistics related thereto (“Market Data”) and none of the disclaiming parties shall have any liability for any errors, omissions, delays or interruptions in providing the Benchmark or market data. No disclaiming party makes any warranty, express or implied, as to results to be obtained by use of the Market Data. No disclaiming party makes any express or implied warranties, conditions, guarantees or representations, with respect to the Market Data and the Disclaiming Parties expressly disclaim all warranties, of merchantability or fitness for a particular purpose or use, satisfactory quality or non-infringement with respect to the Market Data or any data related thereto. Without limiting any of the foregoing, in no event shall any disclaiming party have any liability for any loss of profit, loss of or anticipated loss of revenue, loss of use, business interruption, loss of use of any equipment, loss of any contract or other business opportunity or goodwill or indirect, punitive, special, incidental or consequential damages, even if advised of the possibility of such loss or whether such loss otherwise would have been foreseen.

This limitation of liability shall not exclude or restrict the liability of the Disclaiming Parties or any other person: (a) in respect of the fraud, bad faith, willful default or gross negligence of the applicable disclaiming party; (b) in respect of personal injury or death resulting from negligence; or (c) otherwise to the extent it cannot be excluded or restricted in accordance with applicable law.

The exclusions and limitations of liability contained herein shall apply whether: (a) a claim arises in contract, tort, negligence, strict liability, breach of statutory duty, contribution or otherwise; or (b) a claim is brought directly or as a third party claim.

No Advice. The Market Data are provided for general information purposes only and provision of the Market Data does not constitute legal, financial or other professional advice. No Disclaiming Party shall be responsible for any costs or damages resulting from your use or reliance of the Market Data, (or anybody accessing the Market Data via you), including but not limited to decisions relating to the sale and purchase of instruments or legal, compliance and/or risk management decisions. You agree that you access the content at your own risk in these respects.