The LME has dropped its resistance to publishing detailed reports on the number of commodity contracts held by hedge funds, commercial users and other market participants, the FT said in its Sunday edition, citing people familiar with the discussions. An official at Hong Kong Exchanges and Clearing (HKEx) , which bought the LME for $2.2 billion last December, declined to immediately comment. The LME, the world’s largest market place for industrial metals, has faced criticism for under regulating its market and allowing long queues to grow in its warehousing network that has resulted in a flurry of lawsuits in the United States. Regulation is set to be a hot topic at this week’s industry week event in London. Last month, Russia’s United Company Rusal and U.S.-based Alcoa sent open letters to the LME, urging it to match its U.S. rival, the CME Group, in providing more data about the make-up of investors positions. Currently, the LME provides open interest data and limited long-short positioning data showing when large positions emerge, but it does not show whether positions are held by speculators or industrial interests. In the United States, the Commodity Futures Trading Commission (CFTC) requires exchanges to release detailed positioning information. The resulting Commitment of Traders weekly reports are closely watched by investors. HKEx is already taking a tougher regulatory stance over its new market, proposing an overhaul of the LME’s controversial warehousing system which is due to be voted on this month.
But Johnny Depp looked to be taking the wild look to heart as he stepped out in a distressed jacket, torn stripy scarf and worn jeans. Nevertheless, the 50-year-old looked the epitome of laid-back cool as he arrived at The Dorchester hotel to dine at restaurant China Tang along with his friend and bodyguard on Sunday evening. Time to eat: Johnny Depp going into China Tang at The Dorchester hotel with his friend and body guards after filming in London Adjusting his grey, speckled baker boy cap, Johnny gave a smouldering look to the camera as he stepped out the taxi and into the venue where Kate Moss and Sir Philip Green are known to pop in, and Naomi Campbell even celebrated her birthday last May. The Kentucky-born star teamed his ripped black and white stripe scarf with an unbuttoned white shirt, blue jumper, worn denim jeans, a distressed leather jacket and scuffed black boots. First look: Anna Kendrick and Chris Pine are Cinderella and Prince Charming as they begin filming Into The Woods with Christine Baranski playing the evil stepmother Johnny accessorised with his signature pair of blue-tinted glasses, silver jewellery and a multicoloured pipe with sat neatly in his top jacket pocket. Giving the eye: Johnny Depp was escorted into The Dorchester by his bodyguard as he went to eat, but turned around for one last smouldering look to the cameras When asked why the star was in London, he revealed he has been filming two movies in the capital and loves visiting London. Johnny added that he thinks London is one of the most beautiful cities in the world, where everyone seems to be relaxed and enjoying themselves. Last week the highest paid actor of last year, with $75 million in the bank, was also spotted on the set of his 27-year-old girlfriend Amber Heard’s new movie, London Fields, as he is rumoured to be also playing a small part in the production. Still looking good: Johnny Depp may be dressed in distressed and torn clothes but he still manages to pull off any look as he heads to the prestigious Dorchester hotel in the ensemble Last week, Twitter user and production coordinator, Anna-Maria Goodridge wrote: ‘Filming our drama next door to the very talented Johnny Depp and Billy Bob Thornton #realtalent #studios #nobigdeal #work.’ However his main blockbuster, Into The Woods, tells the story of a witch, played by Meryl Streep, who conspires to teach important lessons to various characters of popular children’s stories including Little Red Riding Hood, Cinderella, Jack and the Beanstalk and Rapunzel. Johnny has been dating Amber since June last year, after he broke up with his partner of 14 years, Vanessa Paradis, and who also have two children together, 14-year-old Lily-Rose and 11-year-old Jack. Giving his time: Johnny Depp poses with a fan as he heads into China Tang after a long day of filming But it is believed Amber and Johnny, who have been dating since last year, are stronger than ever due in part to an alleged agreement that Amber, who is rumoured to be bisexual, is free to explore her sexuality. ‘Johnny always knew this aspect of her life was important and he says as long as she makes it clear he’s her number one, she can do whatever she likes. It’s liberating for both of them,’ a source told Look magazine. ‘They are both very honest and open with each other and this pact has just made them stronger as a couple.’