Responsible Sourcing
Guidance Documents
Download the guidance documents for our mandatory Responsible Sourcing programme.
Our Responsible Sourcing programme is mandatory for all Good Delivery refiners wishing to trade with the London Bullion market. Compliance with an audited process assures investors and consumers that all London precious metal stocks are conflict-free.
The Responsible Gold Guidance (RGG) is based on the OECD Due Diligence Guidance as well as Swiss and US KYC, Anti-Money Laundering and Combatting Terrorist Financing regulations. Since January 2012, gold Good Delivery refiners have undergone annual audits against the LBMA’s Gold Guidance.
The Responsible Silver Guidance (RSG), implemented on 1 January 2018, is aligned with the existing LBMA Responsible Gold Guidance facilitating the concept of multi-metal audits.
The Sourcing Advisory was created as part of LBMA’s ongoing support for Refiners improving their responsible sourcing processes. This Advisory is intended to raise awareness of Good Delivery List (GDL) Refiners and Assurance Providers (Aps) to ad hoc sourcing threats and vulnerabilities brought to LBMA’s attention.
LBMA Launches Responsible Gold Guidance Version 9
LBMA is pleased to announce the publication of Version 9 of the Responsible Gold Guidance (RGG). The RGG is the document that underpins LBMA’s Responsible Sourcing Programme.
Responsible Gold Guidance
For production during financial year starting on, or after, 1 January 2022
Responsible Silver Guidance
For production during the financial year starting on, or after, 1 January 2024
Disclosure Guidance
LBMA is pleased to release updated versions of the Disclosure Guidance starting in December 2022
Third-Party Assurance Guidance for Gold and Silver
In December 2022 LBMA has updated the Third Party Assurance Guidance, to continue to facilitate transparency and to ensure consistent implementation of the Responsible Gold and Silver Guidance. The Third Party Guidance for Silver also describes the requirements for refiners undergoing a multi-metal audit.
Guidance for Platinum and Palladium
The Responsible Platinum and Palladium Guidance (RPPG) has been introduced and is aligned with the existing LBMA Responsible Sourcing Guidance documents. Platinum and Palladium refiners will be required to comply with this new guidance from 2019 onwards.