Page 27 - Bullion World Issue 5 Sep 2021

Bullion World | Issue 05 | September 2021

Be fair, and we’ll fare well. responsible and protective of customers’ updated with anti-money laundering
Fairness and integrity: This principle gold investments and assets, held regulations, while abiding by additional
encourages us to keep the customers' on their behalf. We can achieve this applicable regulations and local laws in
best interests in mind and treat them together by ensuring the safekeeping all markets.
with all fairness and integrity - right from of our clients’ assets and procuring
the point of searching for information, adequate insurance of business Stay prudent, and we’ll
providing operations and gold holdings. prosper.
Commercial Prudence: This principle
service, and through Source with great talks about not taking excessive risks
transaction completion. responsibility and yield and preparing ourselves for everything,
We can achieve this together by great power. including the gradual closing of the
practicing fair marketing in our day-to- Responsible gold sourcing: This company in case of dire situations. We
day business, providing education and principle states that as providers, we can achieve this together by monitoring
support whenever needed, operating must only source the best quality gold and maintaining adequate financial
with fair pricing and appropriate fees; from the most trustworthy suppliers, and resources to meet liabilities, averting
and lastly, ensuring fair trading and open always keep the Environmental, Social risks and being prepared for potential
settlement. and Governance(ESG) standards in mind wind-down scenarios.
while doing so.
Be open, and customers Act with utmost
will walk in with eyes We can achieve this together by professionalism, and we’ll
closed. dealing in products that conform with build personal relations.
market standards, obtained from
Transparency: This principle urges us Operational Professionalism: This
suppliers after carrying out regular
to be transparent with the customers principle tells us that for a successful
monitoring and after considering the
about pricing and our key terms, and business, we must ensure that our
Environmental, Social and Governance
disclose all material information related to skills are up to the mark and risks are
(ESG) credentials of products and
products. We can achieve this together minimum and well managed. We can
suppliers according to established
by giving the customers a clear picture achieve this together by identifying and
ESG standards.
about fees and terms before they make managing key risks for the company,
any investment decision. We must also ensuring adequate physical protection
disclose all key data like company name, Follow the law, and we’ll be of assets and investing in adequate
legal form, registration number and other information technology systems to
liberated.
relevant information. protect sensitive data. Additionally, we
Regulatory Compliance: This principle must also choose third-party service
requires us to conduct business while
Protect clients’ assets, and following the local laws and regulations. providers and contractual terms carefully
and monitor providers closely.
we’ll earn their trust. We can achieve this together by

Protection of client assets: This following the Know Your Customer (KYC)
principle says that, we must be regulations, as well as keeping ourselves
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