O slideshow foi denunciado.
Utilizamos seu perfil e dados de atividades no LinkedIn para personalizar e exibir anúncios mais relevantes. Altere suas preferências de anúncios quando desejar.
ARGOR-HERAEUS Group
The golden link
High-tech precious metals processing
Origin of Gold for fabrication
• Sources of Gold for fabrication:
• Primarily produced Gold from
• Large scale mining
• Sm...
Challenges of the Branch
• Sourcing
• Origin: World wide
• Quality: Various kinds of material
• Suppliers: Various
• Indus...
Precious metals flow
Products
ARGOR-HERAEUS SA
Recycled Gold
Grandfathered
Gold
Mines
TransformationRefining
Products for:...
Identification of risk in the value chain
ARGOR-
HERAEUS
Trader /
Bank
Trader /
Bank
Manu-
facturer
Consu-
mer /
Retail
Go...
Our commitment
company level
Code of Conduct
Accreditations & Certifications
Policy of Compliance and Ethics
Swiss – and i...
Employees AH Group Internal rules
Good delivery Refiner LBMA Gold Guidance / RJC CoC
Financial intermediaries directly sub...
Tools used by Argor-Heraeus
Governance structure and functional responsibility
Policies and procedures
Ongoing training pr...
Decision escalation
Governance structure and functional responsibility
Board of Directors
General Management
Compliance of...
Tools used by Argor-Heraeus
Policies and procedures
Clear and restrictive counterparty opening process
Double-entry precio...
• FAFT Financial Action Task Force
• EICC Electronic Industry Citizenship Coalition
• GeSI Global e-Sustainability Initiat...
LBMA Best Practice Toolkit
 Recycled Gold
 Due Diligence Checklist
 KYC Questionaire
 Assessment Forms
 Mined Gold (L...
Thank you
for your
attention
Próximos SlideShares
Carregando em…5
×

Argor-Heraeus presentation - 9th Multi-Stakeholder Forum on Responsible Mineral Supply Chains

732 visualizações

Publicada em

This presentation was made by Argor-Heraeus Group during the session "Progress in fostering mineral supply chain transparency in Colombia" of the 9th Forum for Responsible Mineral Supply Chains, held in Paris on 4-6 May 2015.

Find out more at http://mneguidelines.oecd.org/icglr-oecd-un-forum-paris-2015.htm

Publicada em: Governo e ONGs
  • Seja o primeiro a comentar

  • Seja a primeira pessoa a gostar disto

Argor-Heraeus presentation - 9th Multi-Stakeholder Forum on Responsible Mineral Supply Chains

  1. 1. ARGOR-HERAEUS Group The golden link High-tech precious metals processing
  2. 2. Origin of Gold for fabrication • Sources of Gold for fabrication: • Primarily produced Gold from • Large scale mining • Small scale / artisanal mining • Recyclable Gold from • Industry • Private sector • Trade • Investment sector • Grandfathered Gold from • Private sector • Investment sector
  3. 3. Challenges of the Branch • Sourcing • Origin: World wide • Quality: Various kinds of material • Suppliers: Various • Industry • Investment • Private sector • Request from market: Must be • Transparent • Traceable • Clean / ethical • Cost of production
  4. 4. Precious metals flow Products ARGOR-HERAEUS SA Recycled Gold Grandfathered Gold Mines TransformationRefining Products for: - Investment - Industry - Jewellery Sourcing Precious Metal Services
  5. 5. Identification of risk in the value chain ARGOR- HERAEUS Trader / Bank Trader / Bank Manu- facturer Consu- mer / Retail Gold for fabrication Material flow Money flow Grand- fathered Recyclable Primarily produced = = =
  6. 6. Our commitment company level Code of Conduct Accreditations & Certifications Policy of Compliance and Ethics Swiss – and international legislation supply chain level industry level Supply Chain Due Diligence Policy LBMA – RJC – WGC - OECD
  7. 7. Employees AH Group Internal rules Good delivery Refiner LBMA Gold Guidance / RJC CoC Financial intermediaries directly subordinated to FINMA ORD – FINMA (Swiss Financial Market Supervisory Authority) Bank and non-bank financial intermediaries Law – AMLA (Anti-Money Laundering Act) Melter Assayer ORD – PMCO (Precious Metals Control Ordinance) Melter Assayer Law – LPMC (Law Precious Metal Control) Everyone Penal code Applicable to: Regulations Pyramid of rules & regulations
  8. 8. Tools used by Argor-Heraeus Governance structure and functional responsibility Policies and procedures Ongoing training programs Internal – and external information system Grievance system
  9. 9. Decision escalation Governance structure and functional responsibility Board of Directors General Management Compliance officer Compliance Auditor Operational Division Management Account Managers Back office staff Receiving and Shipping Due Diligence Referent Accounting & Administration Risk Audit Committee
  10. 10. Tools used by Argor-Heraeus Policies and procedures Clear and restrictive counterparty opening process Double-entry precious metals accounting system Storage of all documents of each transaction for 10 + 1 years System escalation Control system of transactions Continuous relationship and transaction monitoring during the life cycle of a business relation Ongoing training program Training of all key people involved in the CoC Employee policy and information system Clear employee policy with information system top down – bottom up (grievance procedure) Material monitoring Continuous analysis of material quality (fingerprinting) Monitoring of quantity and composition of each delivery Assessment of the physical aspect of the delivered material
  11. 11. • FAFT Financial Action Task Force • EICC Electronic Industry Citizenship Coalition • GeSI Global e-Sustainability Initiative • OECD Organisation for Economic Co-operation and Development • LBMA London Bullion Market Association • RJC Responsible Jewellery Council • WGC World Gold Council • DMCC Dubai Multi Commodities Center • Dodd Frank Act, Section 1502 Conflict Minerals (DRC) • AMLA Anti Money Laundering Act (= GWG) • AMLAO Anti Money Laundering Act Ordinance (= GWV – FINMA = Geldwaschereiverodung) • PMCA Precious Metals Control Act (= EMKG = Edelmetallkontrollgesetz) • PMCO Precious Metals Control Ordinance (= EMKV = Edelmetallkontrollgesetz Verordung) • NGOs Institutions & Associations
  12. 12. LBMA Best Practice Toolkit  Recycled Gold  Due Diligence Checklist  KYC Questionaire  Assessment Forms  Mined Gold (Large scale, medium & small scale)  Due Diligence Checklist  KYC Questionaire  Assessment Forms
  13. 13. Thank you for your attention

×