LBMA out of step with the rest of the world

As you may be aware the UK LBMA thinks it has found a way around the new Basel 3 regulations , although in fact this isn’t the case the LBMA is now out of step with the rest of the world.

Andrew Maguire explains the UK "exemption" for the London gold market to the new Basel III rules. It is NOT what the media is portraying it to be.

https://www.youtube.com/watch?v=-wKe5BRFnzw