DMCC to Issue International Responsible Sourcing of Precious Metals Review Protocol

DMCC to Issue International Responsible Sourcing of Precious Metals Review Protocol PR Newswire DUBAI, UAE, October 24, 2012 DUBAI, UAE, October 24, 2012 /PRNewswire/ -- The Dubai Multi Commodities Centre ('DMCC'), a Government of Dubai Authority, is to issue its international DMCC 'Responsible Sourcing of Precious Metals Review Protocol' in November 2012. http://photos.prnewswire.com/prnh/20121023/570718 In June this year, DMCC made it a mandatory requirement for Dubai Good Delivery ('DGD') refineries to implement all of the provisions of the DMCC Practical Guidance for Responsible Sourcing of Precious Metals, as a pre-requisite for DGD members to continue their membership. DGD members are now self-implementing the initial steps to be in a position to be audited and publish reports on their level of conformity with the DMCC guidance by June 2013. The DMCC Review Protocol will provide guidance to international audit firms for conducting assessments on DGD member refineries' due diligence processes, as well as ensure a level of conformity when implementing DMCC's Practical Guidance for Responsible Sourcing of Precious Metals.