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Compliance Policy

ZERO TOLERANCE POLICY

We have a strict zero-tolerance policy against engaging in or financially supporting any gold trading or projects directly or indirectly linked to the following prohibited activities:

I.Financial Crimes & Illicit Activities

  • Money laundering and terrorism financing – No engagement with transactions that may pose AML/CFT risks.

  • Bribery, corruption, smuggling, and illicit trade – Absolute rejection of any involvement in unlawful business practices.

  • Tax evasion or non-payment of government fees – Ensuring full regulatory compliance and transparent financial practices.

II.Human Rights Violations & Unethical Labor Practices

  • Exploitation, forced labour, and human trafficking – Strict due diligence to ensure ethical sourcing.

  • Worst forms of child labour & physical abuse – No engagement with suppliers or mining operations involved in such practices.

  • Violation of fundamental human rights – Compliance with OECD Due Diligence Guidance & UAE Human Rights Regulations.

III.Environmental & Sustainability Compliance

  • Harmful chemical use and environmentally destructive mining techniques – No support for operations that use cyanide, mercury, or other environmentally hazardous methods.

  • Illegal or unregulated mining activities – Full commitment to responsible gold sourcing and sustainability.

 

We follow strict adherence and on-going implementation of the OECD Guidance for Conducting Due Diligence when sourcing from Conflict Affected and/or High-Risk Areas

 

  • Conducting enhanced KYC on the counterparties

  • Identification of red flags associated with transactional, counterparty and geo-political risks

  • Conducting and assessing the outcome of enhanced due diligence of the red flags to begin trading with low to medium risk scenarios

  • Immediate dis-engagement of trading activities when high or zero tolerance risk scenarios are an escalation of low-medium risk scenarios

 

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We adhere to strict industry guidelines including:

  • DMCC Responsible Sourcing Guidelines

  • OECD Due Diligence for Responsible Supply Chains

  • LBMA Responsible Gold Guidance

  • UAE & Global AML/CFT Regulations

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Our Commitment: We work exclusively with verified and compliant partners to ensure that every transaction aligns with the highest ethical and legal standards.

Violations of these principles will result in immediate disengagement and regulatory reporting where necessary.

For further details, please refer to our full Compliance & Ethics Policy or contact our Compliance Team.

 

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Useful Links:

London Bullion Market Association (www.lbma.org.uk)
Dubai Multi Commodities Centre (www.dmcc.ae)
Borsa Istanbul (https://www.borsaistanbul.com/en/)
Organization of Economic Cooperation & Development (www.oecd.org/daf/inv/mne/GoldSupplement.pdf)
World Gold Council (www.gold.org)
Dubai Gold & Jewelry (dubaicityofgold.com)
Artisanal Gold Council (www.artisanalgold.org)
Responsible Jewelry Council (www.responsiblejewellery.com)

DGCX AE (www.dgcx.ae)

 
 
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