Report: LBMA Asks 6 Russian Gold Refiners if They Have Ties to Sanctioned Ent...

Report: LBMA Asks 6 Russian Gold Refiners if They Have Ties to Sanctioned Ent...

The London Bullion Market Association (LBMA) said it wants six accredited Russian gold refiners to clarify if they have commercial ties with sanctioned Russian entities. The association’s request comes a few days after it revoked the membership of three sanctioned Russian banks. LBMA Accreditation The London Bullion Market Association (LBMA) has requested six Russian gold refiners on its good delivery list clarify if they have commercial ties to sanctioned entities. If such links exist, this will likely affect the refiners’ accreditation status with the LBMA, a....


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