If companies are unable to accurately trace the origin of gold passing, for example, via Dubai, should they refrain from purchasing it?

The answer is resolutely yes. If the ASFCMP discovers failures to implement this precautionary principle and ensure compliance within a reasonable period of time, it reserves the right to implement sanctions.

For the ASFCMP, supply chain traceability is a key factor in the compliance system of its members.

This is a simple precautionary measure. The same applies to the credibility of the Swiss gold industry, and the ASFCMP is committed to this.