In this webinar, we discussed the International Bullion Centres recommendations in greater depth and, most importantly, how the industry can provide support to ensure the integrity and transparency of the global market. This is just the beginning of the IBC conversation. While much work has been done over the past ten years, the speakers talked about how we need to raise the bar much further. A joined-up effort, involving collaboration, engagement, consistency and enforcement is required from all centres and participants. While domestic markets have their own needs, this must work alongside global market standards. There is a responsible sourcing ecosystem, where we all need to work together with the one aim – to raise the bar.
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Conflict & High-Risk Gold
Sasha Lezhnev (The Sentry) provides context to the issue of conflict and high-risk gold. Sasha stresses the fact that, in order for responsible sourcing to actually work, there needs to be a market for responsibly sourced gold.
LBMA Annual Responsible Sourcing Report
LBMA's Responsible Sourcing team outline its strategy for the future of Responsible Sourcing, recommendations for Bullion Centres and Country of Origin data. Dr Mark Pieth, Professor of Criminal Law and Criminology at The University of Basel also contributed to this webinar.
GDL Refiners Disclosure Guidance
Ruth Crowell, Susannah McLaren (LBMA), and Benjamin Nénot (Synergy) set out the purpose of the refiner's Disclosure Guidance developed to support GDL refiners implement the 5 Step disclosure requirements of the Responsible Sourcing Guidance.