Responsible Gold Policy
SuisseVault only trades, transports and stores bullion with commercial entities who are members of The Independent
Precious Metals Authority (LBMA). By trading exclusively with LBMA member bullion banks in the form of London
Good Delivery (LGD) bars, SuisseVault ensures that all newly-made gold, silver and platinum bullion which its cus tomers buy and sell meet today’s strictest standards for due diligence, ethics and human rights in the precious metals supply chain.
The LBMA’s Responsible Gold Programme has made supply-chain auditing mandatory for all gold Good Delivery re finers since 2012. The programme is to ensure continuous improvement of responsible sourcing business practices among the Association’s approved refiners, and reassure the market’s clients that all of the metal sourced from
LBMA Good Delivery Refiners is free from threat financing.
LBMA has now drafted version 9, which follows the five-step due diligence framework set out in the Organisation for
Economic Co-operation and Development (OECD) Guidance and requires GDL refiners to demonstrate their efforts to combat money laundering, terrorist financing and human rights abuses, and respect the environment globally.
The current Responsible Gold Guidance, launched in 2018, marked a major strategic expansion to include Environ mental, Social and Governance (ESG) issues. The latest version of the RGG builds on this, as well as reflecting the strategic priorities identified as part of LBMA’s IBC Recommendations.
Please visit the LBMA website for further details on the current Responsible Gold Guidance.
