As the end of the year slowly but surely approaches, it seems like the appropriate time for some updates on regulatory topics.
I am pleased to announce the successful release of our first Compliance Cozy Chat podcast. I would like to thank my colleague Emmy Richardson for hosting Rui Correia (ACI Financial Markets Association) on the benefits of training on the Global Precious Metals Code. It gives insights of training examples and touches on the feedback from those who have received ACI Financial Markets Association training previously.
With any luck, this represents a brand-new avenue for LBMA in how we reach people, giving industry updates to those on the move. If you would like to offer any feedback or ideas for future podcasts, please get in touch at ask@lbma.org.uk. You can listen to our first podcast episode now on Spotify.
Global Precious Metals Code Attestation
As the deadline draws closer, here’s a reminder that all relevant parties must attest to the Global Precious Metals Code by the end of the year.
Revised in December 2022, the Global Precious Metals Code sets out the standards and best practice expected from participants in the global precious metals market.
If you are in any doubt whether or not you have attested to the Code, please feel free to contact me at graham.jelf@lbma.org.uk.
Terminal Markets Order
Finally, my colleagues Ed Blight and Emmy Richardson are running a Working Group reviewing the applicability of the Terminal Markets Order as it pertains to the precious metals business. If this is of interest to you, please contact Ed and Emmy directly at ed.blight@lbma.org.uk and emmy.richardson@lbma.org.uk, or contact me for an introduction.
Get in Touch
Should you have any questions or requests regarding any of the above, please feel free to contact me at graham.jelf@lbma.org.uk or my colleague Emmy Richardson at emmy.richardson@lbma.org.uk.
