LBMA is fast-tracking crucial transparency enhancements for Refiners. Originally planned for 2027, these changes will now begin in 2026, subject to feedback via our Summer 2025 public consultation.
What Is Changing?
From 1 January 2026, Refiners will publicly disclose:
- The identity of the Refiner and local exporter in 'red flag' locations as per OECD Guidance;
- All World Gold Council (WGC) miners and mines from which Refiners receive material;
- All locations (countries) from which mined material is received.
Internally, LBMA will continue to collect detailed supplier identities and location for compliance purposes only.
Call to Action
Submit feedback by Friday, 19 September via:
- Email to [email protected]
- Our online survey
Feedback is critical to ensuring the continuous improvement of LBMA’s Responsible Sourcing programme. Your expertise and insights are vital. We look forward to shaping this guidance together.
What Happens Next?
- Summer 2025 - public consultation
- End-2025 - final Version 3 published
- January 2026 - new disclosures begin