Indonesia (refine) → Switzerland → Singapore · Sale or purchase of gold in Singapore

Sell 999.9 bars to a bullion institution; from 1 Aug 2025 no PPh 22 is collected on this sale; the LJK bulion collects 0.25% PPh 22 on its purchases above IDR 10 million from non-exempt sellers

من

LBMA Good Delivery refiner (state-owned; the only LBMA-accredited refiner in Indonesia)

يتطلب

Refiner bar certificate / bar list for 999.9 bars

يُصدر

PPh Article 22 collection slip (0.25%)

• PMK 48/2023 as amended by PMK 52/2025; PMK 81/2024 as amended by PMK 51/2025

Hold bullion (min 99.9% Au) for customers: gold deposits, financing, trading, custody

من

Bullion financial institution (LJK bulion)

يتطلب

OJK bullion business licence

يُصدر

Bullion institution custody/deposit account entry

• POJK 17/2024

Sell gold bars or jewellery: PPh 22 at 0.25% of selling price on bar sales (except to consumers, Bank Indonesia, digital gold market, bullion institutions); VAT on jewellery at 1.1% (to traders) or 1.65% (to consumers)

من

Gold bar / gold jewellery business (pengusaha emas batangan / emas perhiasan)

يُصدر

VAT invoice (faktur pajak) - PPN besaran tertentu on gold jewellery; PPh Article 22 collection slip (0.25%)

• PMK 48/2023, Arts 2(5), 5, 14(4)

Know-your-customer; report cash or equivalent transactions of IDR 500 million or more and suspicious transactions to PPATK within 14 working days

من

Gold bar / gold jewellery business (pengusaha emas batangan / emas perhiasan)

يُصدر

Cash transaction report (LTKT) to PPATK; Suspicious transaction report (LTKM) to PPATK

• UU 8/2010, Arts 17, 27

Hold an IPR for a WPR area (max 5 ha individual / 10 ha cooperative) before mining; start within 3 months

من

People's-mining permit holder (IPR: local individual or local cooperative)

يُصدر

Izin Pertambangan Rakyat (IPR)

• UU 3/2020, Arts 67, 68, 70

Extract alluvial or shallow primary ore (no explosives, no underground work by individuals) and concentrate by gravity

من

People's-mining permit holder (IPR: local individual or local cooperative)

يتطلب

Izin Pertambangan Rakyat (IPR)

الشكل

Ore (in situ / run-of-mine) → Concentrate / black sand

• PP 96/2021, Art 66

Recover gold from concentrate and smelt to a button; use of banned hazardous substances (mercury) is prohibited, though amalgamation and cyanide remain common in practice

من

People's-mining permit holder (IPR: local individual or local cooperative)

يُصدر

Lot number marked on doré/button at mine site

الشكل

Concentrate / black sand → Smelted button/bar

Legal prohibition read only in general terms (banned hazardous substances); mercury and cyanide use from press reports.

Pay the people's-mining fee (iuran pertambangan rakyat) and report activities to the Minister

من

People's-mining permit holder (IPR: local individual or local cooperative)

Art 70 requires payment of mining fees and reporting; the fee rate was not found (not in PP 19/2025).

• UU 3/2020, Art 70

Sell gold to a licensed buyer (IPP holder, refiner or dealer); buying from an unlicensed source is a crime under Art 161

من

People's-mining permit holder (IPR: local individual or local cooperative)

يُصدر

Sale contract / purchase note between miner and buyer; Mine-site production/sale record of gold lot

Whether IPR output may be sold to IPP holders is not explicit in the Art 135 extract read.

• UU 3/2020, Art 161

Hold IUP/IUPK production-operation licence and a processing/refining arrangement in Indonesia

من

Industrial mining company (IUP/IUPK production-operation holder)

يُصدر

IUP/IUPK Operasi Produksi

• UU 3/2020, Arts 35(3), 102, 103

Mine ore and process on site to doré (gold mines) or to copper concentrate containing gold (copper-gold mines)

من

Industrial mining company (IUP/IUPK production-operation holder)

يتطلب

IUP/IUPK Operasi Produksi

يُصدر

Lot number marked on doré/button at mine site

الشكل

Ore (in situ / run-of-mine) → Doré bar - unstamped

Processing routes from the royalty schedule's product lines (emas primer; gold in copper concentrate; gold in anode slime).

Smelt copper concentrate; refine the anode slime in the precious-metal refinery to 99.99% gold bars

من

Copper smelter with precious-metal refinery (anode-slime refinery)

يُصدر

Refiner bar certificate / bar list for 999.9 bars

الشكل

Concentrate / black sand → 999.9 kilobar

Pay royalty (PNBP) at 7%-16% of price, by the monthly HMA gold band

من

Industrial mining company (IUP/IUPK production-operation holder)

يُصدر

PNBP royalty payment proof (royalty on gold)

• PP 19/2025, Lampiran (emas primer; emas dalam konsentrat tembaga; emas dalam lumpur anoda)

Deliver doré to the LBMA refiner for toll refining or sale, or sell PMR bars to the state refiner under offtake (30 t/yr contract from Nov 2024)

من

Industrial mining company (IUP/IUPK production-operation holder)

يتطلب

PNBP royalty payment proof (royalty on gold)

يُصدر

Sale contract / purchase note between miner and buyer

Onboard supplier: KYC and responsible-sourcing check under LBMA Responsible Gold (source mine, licence, royalty paid)

من

LBMA Good Delivery refiner (state-owned; the only LBMA-accredited refiner in Indonesia)

يتطلب

Sale contract / purchase note between miner and buyer

يُصدر

Refiner supplier KYC / responsible-sourcing file

Refiner's supplier document list not published; KYC contents inferred from the LBMA RGG commitment.

• LBMA Responsible Gold Guidance

Weigh, sample and assay the doré (fire assay cupellation, ICP-OES) in the KAN ISO/IEC 17025 lab

من

LBMA Good Delivery refiner (state-owned; the only LBMA-accredited refiner in Indonesia)

يتطلب

Refiner supplier KYC / responsible-sourcing file

يُصدر

Refiner intake record: weight, sample and fire-assay result

الشكل

Doré bar - unstamped → Doré bar - stamped/exporter-sealed

Refine to 999.9 and cast/mint bars; issue bar certificate and bar list

من

LBMA Good Delivery refiner (state-owned; the only LBMA-accredited refiner in Indonesia)

يتطلب

Refiner intake record: weight, sample and fire-assay result

يُصدر

Refiner bar certificate / bar list for 999.9 bars

الشكل

Doré bar - stamped/exporter-sealed → 999.9 kilobar

Return fine gold to toll customer or settle purchase against assay

من

LBMA Good Delivery refiner (state-owned; the only LBMA-accredited refiner in Indonesia)

يتطلب

Refiner bar certificate / bar list for 999.9 bars

يُصدر

Bank transfer record

Settlement terms not published.

Establish exporter identity (NIB) and access to the customs system

من

Gold exporter (company with NIB)

General practice; not read in PMK 155/2022 extract.

Prepare commercial invoice and packing list; obtain AWB booking

من

Gold exporter (company with NIB)

يُصدر

Commercial invoice; Packing list; Air waybill

• PMK 155/PMK.04/2022, Art 12(4)

Compute export duty: rate (by product and by Kemendag reference price band) x quantity x export price per unit x exchange rate; doré 12.5%/15%, granules 10%/12.5%, cast bars 7.5%/10%, minted bars 7.5%/10%

من

Gold exporter (company with NIB)

يتطلب

Commercial invoice

يُصدر

Export duty (bea keluar) payment proof

• PMK 80/2025, Arts 3, 4, 5(1)

Apply for a certificate of origin (SKA) through e-SKA where the buyer or destination requires it

من

Gold exporter (company with NIB)

يُصدر

Surat Keterangan Asal (certificate of origin) via e-SKA

Lodge the PPE (export customs declaration) no earlier than 7 days before export and before goods enter the customs area, with invoice, packing list, AWB and export-duty payment proof

من

Gold exporter (company with NIB)

يتطلب

Commercial invoice; Packing list; Air waybill; Export duty (bea keluar) payment proof

يُصدر

Pemberitahuan Pabean Ekspor (PPE, formerly PEB, BC 3.0)

• PMK 155/PMK.04/2022, Arts 2(1), 12(3)-(4)

Risk-based document or physical examination; approval for loading

من

Customs (DJBC)

يتطلب

Pemberitahuan Pabean Ekspor (PPE, formerly PEB, BC 3.0)

يُصدر

Customs approval for loading / export (persetujuan ekspor, NPE)

• PMK 155/PMK.04/2022, Arts 13, 16(2)-(3)

Carry the consignment as valuable cargo under AWB

من

Airline / secure valuables carrier

يتطلب

Customs approval for loading / export (persetujuan ekspor, NPE); Air waybill

Valuable-cargo handling is standard trade practice; no Indonesian gold-specific carrier rule found.

Passenger carrying gold abroad must declare it to Customs and pay export duty before departure; carrying IDR 100 million or more in cash also requires a declaration

من

Gold exporter (company with NIB)

يُصدر

Cross-border cash declaration to Customs (IDR 100 million or more)

• PMK 80/2025; UU 8/2010 Art 34

Onboard Dubai supplier: KYC pack, chain-of-custody statement, mine-of-origin/scrap declaration, DMCC/UAEGD audit reports

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يتطلب

Air waybill

يُصدر

Refiner file on the Dubai supplier: identity, commercial-register extract, proof of lawful acquisition (export permit/declaration, mining licence where applicable), SECO embargo check, origin clarification (kept for the period the EMKV sets: zehn Jahren); KYC questionnaire for mined material, naming each ASM supplier in the chain (team/cooperative, aggregators, local exporter); Independent assurance report on the Dubai refiner's responsible sourcing practices, as an Intermediate Refiner (RGG v9 s.2.3 enhanced due diligence for high-risk recycled gold); Site visit at the mine of origin before transacting (or within 6 months) - enhanced due diligence

[inferred] Asking for DMCC/UAEGD audit reports and a chain-of-custody statement is the model's application to a Dubai supplier; the LBMA Responsible Gold Guidance and the BAZG melter due-diligence directive do not name them. The EMKV duties are read in the official fedlex consolidation held on the server. In the EMKV record on the server these articles are parsed into the section labelled Anhang (section id in the refs), not into their own sections; the quotes are from that section.

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKV (SR 941.311, Stand 1 Jan 2024) Art. 168a Abs. 1 (parsed into section sch-2)

  “Der Inhaber einer Schmelzbewilligung darf Schmelzgut nur von Per-”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKV (SR 941.311, Stand 1 Jan 2024) Art. 168a Abs. 1 (lawful acquisition) (parsed into section sch-2)

  “die sich über deren rechtmässigen Erwerb aus- weisen können.”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKV (SR 941.311, Stand 1 Jan 2024) Art. 168a Abs. 2 (identity) (parsed into section sch-2)

  “Es muss die Identität des Kunden anhand eines beweiskräftigen Do- kumentes wie Pass oder Identitätskarte überprüfen.”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKV (SR 941.311, Stand 1 Jan 2024) Art. 168a Abs. 3 (origin clarification) (parsed into section sch-2)

  “Bestehen über die Herkunft der Ware Zweifel oder stammen die An- gebote von Unbekannten, so ist der Inhaber der Schmelzbewilligung verpflichtet, die Herkunft des Schmelzgutes besonders sorgfältig abzu- klären.”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKV (SR 941.311, Stand 1 Jan 2024) Art. 168b Abs. 3 (retention) (parsed into section sch-2)

  “Schmelzprodukten müssen während zehn Jahren aufbewahrt werden.”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKG Art. 31a Abs. 1

  “Wer gewerbsmässig Schmelzgut im Sinne von Artikel 1 Absatz 3”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), EMKG Art. 31a Abs. 6

  “Die Absätze 1-5 gelten nicht für Inhaber einer Schmelzbewilligung nach Artikel 24.”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), BAZG Richtlinie R-247 (1 Jan 2023) annex matrix Teil 1 (KYC)

  “Identifikation des Kunden gemäss Art. 168a Abs. 2 EMKV für natürliche Personen, für juristische Personen mittels Han-”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), BAZG Richtlinie R-247 (1 Jan 2023) Ziff. 3.3.2

  “Bestehen Zweifel über die Herkunft des Materials oder in Bezug auf die Integrität des Kunden sind Bewilligungsinhaber verpflichtet, den Sachverhalt besonders sorgfältig abzuklären”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), RGG v9 Step 2.1 (origin of mined gold)

  “Mined Gold: The location of the mine (LSM and ASM).”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), RGG v9 Step 2.2 (transit red flag)

  “Is claimed to originate from a country through which gold from CAHRAs is known, or reasonably suspected, to transit”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), RGG v9 Step 1.2 (records)

  “Records are required to be maintained for at least five years, or the minimum timeframe stipulated by local regulatory requirements”

• PMCO/EMKV; LBMA Responsible Gold Guidance; BAZG melter due-diligence directive (sections in refs), BAZG Schmelzen und Prüfen (Dec 2023) Ziff. 4.1.6 (restates Art. 168b Abs. 3)

  “Die Dokumente über den Geschäftsverkehr mit Schmelzgut und Schmelzprodukten müssen während zehn Jahren aufbewahrt werden.”

File the Swiss electronic customs import declaration (formal declaration; simplified or oral declarations excluded for melt material imported for sale), tariff heading 7108.1200 (statistical key 911 for mining gold), with actual origin if known; import VAT-exempt for investment gold (cast bars of at least 995 thousandths fineness bearing the fineness and the stamp of a recognised assayer-melter) and for gold in raw form or semi-finished for refining; unmarked doré may only be imported by a trade assayer (BAZG practice)

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يتطلب

Air waybill

يُصدر

Electronic customs import declaration (commercial import; simplified and oral declarations excluded for melt material)

The Federal Council report (citing the customs administration) says actual origin must be declared if known, but for large imports, e.g. from the United Kingdom or the UAE, the dispatch country is sometimes entered; [inferred] Dubai-refined Nigerian gold can therefore appear as UAE origin. [unconfirmed] That no certificate of origin is required is not stated in the sources read. No written precious-metals control record found for a passed border check. The rule that unmarked doré may only be imported by a trade assayer is BAZG practice (BAZG letter on unmarked melt products; BAZG directive on applying the EMKG); it is not in the EMKG import article. The EMKV (precious metals control ordinance) is not held on the server, so its provisions on recognised fineness marks and banking precious metals are not relied on here. Corrected earlier: the declaration was described as "Passar"; the BAZG melt-material sheet names e-dec web. [time-limited] When the BAZG-VG enters into force (date not set), the EMKG import-check paragraphs are repealed and replaced by a new BAZG control article (BAZG-VG annex amending the EMKG).

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), MWSTG (SR 641.20, Stand 1 Jan 2025) Art. 23 Abs. 2 Ziff. 12: gold supplies exempt

  “die Umsätze, die mit Gold und Legierungen von Gold der folgenden Form erzielt werden:”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Art. 23 Abs. 2 Ziff. 12 Bst. b: investment gold, cast bars

  “Gold zu Anlagezwecken mit einem Mindestfeingehalt von 995 Tausendsteln, in Form von:”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Art. 23 Abs. 2 Ziff. 12 Bst. b, first indent

  “gegossenen Barren, versehen mit der Angabe des Feingehalts und dem Stempelzeichen eines anerkannten Prüfer-Schmelzers oder”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Art. 23 Abs. 2 Ziff. 12 Bst. d: raw or semi-finished gold for refining

  “Gold in Rohform oder in Form von Halbzeug, das zur Raffination oder Rückgewinnung bestimmt ist”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), MWSTG Art. 53 Abs. 1 Bst. m: import of gold exempt

  “Gold und Legierungen von Gold nach Artikel 23 Absatz 2 Ziffer 12.”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), AS 2024 438 (amendment of 16 June 2023, in force 1 Jan 2025): inserts Art. 53 Abs. 1 Bst. m

  “Gold und Legierungen von Gold nach Artikel 23 Absatz 2 Ziffer 12.”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), MWSTV Art. 44 (former gold provision) repealed

  “Aufgehoben durch Ziff. I der V vom 21. Aug. 2024, mit Wirkung seit 1. Jan. 2025”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), EMKG (SR 941.31) Art. 20 Abs. 3: import checks

  “Die diesem Gesetz unterstellten Waren können bei der Einfuhr einer umfassenden oder stichprobenweisen Kontrolle unterworfen werden.”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), BAZG statistics page: tariff heading 7108.1200

  “Data relating to gold in raw form (e.g. bars) are recorded under customs tariff heading 7108.1200”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), BAZG statistics page: statistical key 911 (from 1 Jan 2021)

  “mining gold *(key: 911)*”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Federal Council report 14 Nov 2018, s.3.7

  “dass der tatsächliche Ursprung der Waren gemeldet werden muss, sofern er bekannt ist”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Federal Council report s.3.7

  “Bei umfangreichen Einfuhren, zum Beispiel aus Grossbritannien oder den Vereinigten Arabischen Emiraten, wird in der Zollerklärung gelegentlich das Versendungsland angegeben.”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), BAZG R-247 (1 Jan 2023) s.3.4.2: unmarked melt products only imported by trade assayers

  “Daher sind ausschliesslich Handelsprüfer berechtigt, nicht gekennzeichnete”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), R-247 s.3.4.2 (doré bars as example)

  “(bspw. Doré-Barren aus dem Bergbau)”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), BAZG Merkblatt "Annahme von Schmelzgut aus dem Ausland" (Jan 2024): simplified declarations excluded

  “Vereinfachte Zollanmeldeverfahren wie Quickzoll oder gar eine mündliche Zollanmeldung sind daher grundsätzlich ausgeschlossen.”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Merkblatt: e-dec web

  “dies selbst mittels e-dec web vornehmen”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Merkblatt: prior customs procedure

  “Annahme von Schmelzgut aus dem Ausland sichergestellt wird, dass dieses vorgängig”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Merkblatt: fine per case (under the EMKG)

  “mit bis zu CHF 2 000 pro Fall gebüsst werden”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), Merkblatt: licence withdrawal

  “In schweren Fällen kann die entsprechende Bewilligung”

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), BAZG letter of 4 Dec 2019 on import of unmarked melt products (only footnotes are sectioned; cited law-only)

• VAT Act (MWSTG) as amended with effect from 1 Jan 2025; Precious Metals Control Act (EMKG) (sections in refs), BAZG-VG of 20 June 2025, Anhang 2 Ziff. 53 (EMKG Art. 20 Abs. 3-5 repealed, new Art. 22a); annex not sectioned, cited law-only

Optionally store under customs control in a free port (e.g. Geneva La Praille / Aéroport, Embrach - Embraport, Zürich-Flughafen - Cargologic): stored goods are not subject to import customs duties or trade-policy measures and may be stored indefinitely

من

Bonded warehouse / freeport operator (Geneva/Embrach)

يُصدر

Electronic customs declaration on entry of sensitive goods into the free port (content: the inventory-record particulars listed in the Customs Ordinance, letters a to f, plus the depositor's name and address); Electronic inventory record of sensitive goods: previous customs document, entry date, owner, origin country, description, value, marks, gross/net mass, origin proof, location, exit date, etc. (17 fields)

The BAZG free-port list held is the old list in the library (its record dates it to the start of the year it was issued; no newer list found); operators may have changed. [time-limited] The BAZG-VG (adopted, not yet in force) treats free ports as a kind of customs warehouse and will replace these articles when in force. [inferred] Suspension of import VAT is read from the BAZG free-port directive ("auf das Erheben der Abgaben ... verzichtet"); the ZG names only import customs duties and trade-policy measures. Supplies of goods stored in a free port are VAT-exempt under the MWSTG (read). The ZG and ZV are now read in their official fedlex consolidations held on the server.

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZG (SR 631.0, Stand 1 Sep 2023) Art. 62 Abs. 1

  “Zollfreilager sind Teile des Zollgebiets oder in diesem gelegene Räumlichkeiten:”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZG Art. 62 Abs. 3

  “Die eingelagerten Waren unterliegen weder den Einfuhrzollabgaben noch handels- politischen Massnahmen.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZG Art. 64 Abs. 1

  “Wer ein Zollfreilager betreibt, braucht eine Bewilligung des BAZG.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZG Art. 65 Abs. 1

  “Waren, die in einem Zollfreilager gelagert werden sollen, sind der zuständigen Zoll- stelle zur Einlagerung anzumelden und in das Zollfreilager zu verbringen.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZG Art. 65 Abs. 2

  “In Zollfreilagern dürfen Waren beliebig lange gelagert werden.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZG Art. 66 Abs. 1

  “Die Lagerhalterin oder der Lagerhalter muss über alle eingelagerten sensiblen Wa- ren Bestandesaufzeichnungen führen.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZV (SR 631.01, Stand 1 Oct 2024) Art. 178a Abs. 1

  “Die anmeldepflichtige Person muss sensible Waren bei der Einlagerung ins Zollfrei- lager elektronisch anmelden.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZV Art. 182 Abs. 2

  “Sie oder er muss zudem für sensible Waren eine Bestandesaufzeichnung führen.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZV Art. 184 Abs. 2

  “Sie muss elektronisch geführt werden.”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), ZV Anhang 2 Ziff. 5 (sensitive goods; the section id carries footnote 193 glued to the label)

  “Perlen, Diamanten, Edelsteine, Schmucksteine, Edelmetalle und Edel- metallplattierungen sowie Waren daraus (ex Zolltarifkapitel 71)”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), BAZG Richtlinie R-10-50 Ziff. 1.1 (levies not raised)

  “Dabei wird auf das Erheben der Abgaben, auf deren Sicherstellung und auf die Anwendung handelspolitischer Massnahmen”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), MWSTG Art. 23 Abs. 2 Ziff. 3bis

  “die Lieferung von Gegenständen, die wegen Einlagerung in einem Zollfreilager (Art. 62-66 ZG) nachweislich im Inland unter Zollüberwachung standen und diesen Zollstatus nicht rückwirkend verloren haben”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), Embrach

  “Zürcher Freilager AG, GVZ Embraport”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), Genève La Praille and Genève Aéroport

  “Ports Francs et Entrepôts de Genève SA”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), BAZG-VG (20 June 2025, not in force) Art. 64

  “Zolllager sind vom BAZG zugelassene Orte im Zollgebiet”

• Swiss Customs Act (ZG); Customs Ordinance (ZV) (articles in refs), BAZG-VG Art. 65 Abs. 2

  “Als Zolllager können bewilligt werden:”

Screen the bars, buyer and destination against Swiss sanctions before release: no purchase, import, transit or related services (including brokerage and financing) for gold of Russian origin exported after 4 Aug 2022 or gold processed from it in third countries

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

[transcription] Art. 14d paras 1-4 read in an unofficial third-party English translation (as at 22 Mar 2024, held in laws/); Annex 26 covers 7108, 7112 91 and ex 7118 90 gold coins; Annex 27 ex 7113 and ex 7114. [unconfirmed] The official consolidation is now Stand 21 Sep 2026 and was not read (the fetch tool truncates before Art. 14d); changes after March 2024 are not ruled out. The ordinance contains no explicit ban on selling gold to Russia; the export-side effect is through the services ban.

• Ordinance of 4 March 2022 on measures in connection with the situation in Ukraine (SR 946.231.176.72), Art. 14d

Release the bars from the refinery vault or free port against the owner's instruction and prepare the weight list (bar list), commercial invoice and packing list for the shipment

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يُصدر

Outbound weight list / bar list; Commercial invoice to the foreign buyer; Packing list

The weight list is sourced to LBMA Annex C; commercial invoice and packing list are standard export practice, not read in a Swiss source.

• LBMA Good Delivery Rules, Annex C (weight lists); Customs Act Arts. 62-66 (free ports)

Lodge the electronic export declaration in Passar (HS 7108; e-dec Export was usable only to end-2025); the declarant must make it binding and physically export the goods within 120 days of its acceptance in the IT system

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يُصدر

Passar export declaration (HS 7108)

R-10-10 (valid 1 Jan 2026) cites Art. 25-29 ZG and Art. 79-83 ZV for the declaration duty, says declarations are electronic in principle, and sets the 120-day limit from acceptance in the IT system. R-10-10 held and read in full on 2026-09-28; the Customs Act and Ordinance texts themselves were not read. R-10-10 has no gold-specific rule.

• Customs Act (ZG, SR 631.0); BAZG R-10-10, ZG Arts. 25-29 (as cited in R-10-10)

Receive the export assessment notice (Veranlagungsverfuegung Ausfuhr), the evidence that the goods were properly cleared for export

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يُصدر

Veranlagungsverfuegung Ausfuhr

R-10-10 cites Art. 38 and 69 ZG and Art. 92 ZV for the export assessment notice and says it is evidence of proper assessment and of export for VAT. R-10-10 held and read in full on 2026-09-28.

• Customs Act (ZG); BAZG R-10-10, ZG Arts. 38 and 69; ZV Art. 92 (as cited in R-10-10)

Treat the sale as a VAT-exempt export (supply of goods directly transported abroad) and keep the export assessment notice as evidence

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يتطلب

Veranlagungsverfuegung Ausfuhr

Art. 23(2) no. 1 read in the held MWSTG (Stand 1 Jan 2025, German wording current). Art. 23(3): direct export includes export into an open customs warehouse or a free port. Investment gold of at least 995 fineness is separately exempt with credit under Art. 23(2) no. 12 (see ch.tax-import-vat).

• Federal VAT Act (MWSTG, SR 641.20), Art. 23(2) no. 1

Hand the sealed consignment to a secure valuables carrier and fly it out (Zurich or Geneva) under an air waybill

من

Swiss refiner (melter/trade-assayer licence, LBMA Good Delivery-listed)

يُصدر

Air waybill (outbound)

Carrier practice. Cantonal licensing: in the Canton of Zurich "Sicherheitstransporte von Personen, Gütern und Wertsachen" require a licence under the Polizeigesetz, 9. Abschnitt (cantonal page, read by WebFetch 2026-09-28; PolG text not read). Geneva and other cantons not checked. No Swiss source read describes the outbound air leg for gold.

Screen the foreign supplier and its owners against MHA terrorist-designation lists, MAS targeted financial sanctions lists and UN lists (myPal); apply enhanced checks if the supplier is in a FATF call-for-action or increased-monitoring jurisdiction; record in the supplier file

من

Registered bullion dealer / trader (PSPM registered dealer)

يتطلب

Certificate of registration as a regulated dealer (PSPM Act); ML/TF/PF enterprise risk assessment and IPPC (internal policies, procedures and controls)

يُصدر

Supplier KYC file (incl. sanctions screening); Sanctions/terrorist-designation screening record (MHA lists, MAS TFS lists, myPal)

[inferred] PSPM CDD is triggered by designated transactions and prescribed circumstances (cash/cash equivalent, or gold/DPT payment, above S$20,000), which bank-paid wholesale imports usually are not; supplier screening rests on the entity-level risk assessment (reg 14) and the targeted-financial-sanctions duty (reg 16), and the Guidelines' supplier red flags.

• PMLTFPF Regulations 2019 regs 14, 16; ACD Guidelines v5.1

Ship bars by secure air freight to Changi with commercial invoice, packing list and bar list naming the producing refiner

من

Foreign supplier (refiner, bank or trader abroad)

يتطلب

Export customs declaration accepted by the dispatching country's customs; Refiner's certificate for the bars it produced (serials, fineness, weights, year)

يُصدر

Inbound air waybill; Foreign supplier's commercial invoice; Packing list; Bar list from the foreign supplier (serials, weights, fineness, refiner)

File a TradeNet In-Non-Payment (GST Relief) permit: declaration type GTR, place of receipt IGPM, HS 7108.13.00 (bars/wafers) or 7108.12.10 (ingots), CA/SC product code BAR/INGOT/WAFER, purity in CA/SC code 1, and the producing refiner's name as supplier

من

Declaring agent (TradeNet)

يتطلب

Foreign supplier's commercial invoice; Packing list; Inbound air waybill; Commercial invoice; Packing list; Air waybill

يُصدر

TradeNet In-Non-Payment (GST Relief) permit for IPM (declaration type GTR, place of receipt IGPM)

• GST Act 1993; RIER, s.8(4), s.22(1A); RIER reg 3(1), (2A)

Clear the consignment at Changi against the approved permit; no customs duty (gold is not a dutiable good) and no import GST for qualifying IPM

من

Singapore Customs

يتطلب

TradeNet In-Non-Payment (GST Relief) permit for IPM (declaration type GTR, place of receipt IGPM)

Receive the bars, check serials, weights and hallmarks against the bar list, and book them to the depositor's allocated account

من

Vault operator / precious-metals custodian (incl. in the Changi FTZ Freeport)

يتطلب

Bar list from the foreign supplier (serials, weights, fineness, refiner); TradeNet In-Non-Payment (GST Relief) permit for IPM (declaration type GTR, place of receipt IGPM)

يُصدر

Inbound weight and serial check; Vault deposit receipt and allocated weight list

Keep the import permit, purchase order, invoice and delivery note to support the exempt import; exempt IPM imports are not reported in the GST return

من

Registered bullion dealer / trader (PSPM registered dealer)

يتطلب

TradeNet In-Non-Payment (GST Relief) permit for IPM (declaration type GTR, place of receipt IGPM); Foreign supplier's commercial invoice

• IRAS IPM e-Tax Guide (20th ed.) para 8.2; Customs: keep trade documents 5 years

Open a custody account after KYC of the depositor; agree allocated (serial-numbered) or pooled storage, insurance and audit rights

من

Vault operator / precious-metals custodian (incl. in the Changi FTZ Freeport)

يُصدر

Vault deposit receipt and allocated weight list

Hold bars in the allocated register and issue periodic weight-list statements

من

Vault operator / precious-metals custodian (incl. in the Changi FTZ Freeport)

يتطلب

Vault deposit receipt and allocated weight list

يُصدر

Allocated or unallocated metal account statement

Store non-IPM gold (or goods not entered for home use) in a free trade zone or a licensed zero-GST warehouse with GST suspended until the goods enter customs territory for local use; storing gold as a "listed good" in a zero-GST warehouse needs Customs' written approval and beneficial-owner records

من

Vault operator / precious-metals custodian (incl. in the Changi FTZ Freeport)

[summary] the listed-goods approval and beneficial-owner records are Customs ZGS scheme conditions (official guidance), not statute.

• Free Trade Zones Act 1966 ss.2, 5; GST Act 1993 s.37(1); GST (General) Regulations 1993 reg 94; Singapore Customs FTZ and Zero-GST Warehouse guidance

Hold foreign central banks' and sovereign entities' gold under the MAS central bank gold vaulting service; MAS also extends gold accounts to selected Singapore bullion banks to manage those holdings

من

Monetary Authority of Singapore (central bank gold custody service)

[unconfirmed] launch not confirmed as of 28 Sep 2026; terms of the service not published in the texts held.

Release bars on the account holder's instruction against a delivery order to a carrier or another vault account

من

Vault operator / precious-metals custodian (incl. in the Changi FTZ Freeport)

يتطلب

Allocated or unallocated metal account statement

يُصدر

Outbound bar list

Determine whether the deal is a designated transaction (payment in cash or cash equivalent above S$20,000, single or same-day aggregate; secondhand-dealer purchase from a non-dealer for cash above S$20,000; token redemption for cash above S$20,000) or a prescribed circumstance (payment in non-jewellery gold or digital payment tokens above S$20,000)

من

Registered bullion dealer / trader (PSPM registered dealer)

يتطلب

Certificate of registration as a regulated dealer (PSPM Act)

• PSPM Act; PMLTFPF Regulations (sections in refs), PSPM Act s.15 "designated transaction" (a)

  “a sale of any precious stone, precious metal, precious product or asset-backed token by a regulated dealer to a customer, for which cash or a cash equivalent exceeding the threshold amount is received as payment;”

• PSPM Act; PMLTFPF Regulations (sections in refs), s.15 (b)

  “2 or more sales of any precious stone, precious metal, precious product or asset-backed token in a single day by a regulated dealer to the same customer, or to customers whom the regulated dealer knows act on behalf of the same person, for which cash or a cash equivalent in total exceeding the threshold amount is received as payment;”

• PSPM Act; PMLTFPF Regulations (sections in refs), s.15 (c)

  “a purchase of any precious stone, precious metal or precious product from a customer (who is not a regulated dealer) by a regulated dealer (who is a secondhand goods dealer), for which cash or a cash equivalent exceeding the threshold amount is received as payment;”

• PSPM Act; PMLTFPF Regulations (sections in refs), s.15 "threshold amount"

  “"threshold amount" means $20,000 or its equivalent in value, or an amount prescribed in substitution.”

• PSPM Act; PMLTFPF Regulations (sections in refs), PMLTFPF Regulations reg 3(1)

  “For the purposes of section 15 of the Act, "cash equivalent" means any of the following:”

• PSPM Act; PMLTFPF Regulations (sections in refs), reg 4(1)(a)

  “a redemption of an asset-backed token from a customer (who is not a regulated dealer) by a regulated dealer, for cash or a cash equivalent exceeding the threshold amount;”

• PSPM Act; PMLTFPF Regulations (sections in refs), reg 4A(1)(a)

  “for which gold (except in the form of jewellery) the value of which exceeds the threshold amount is received as payment;”

• PSPM Act; PMLTFPF Regulations (sections in refs), reg 4A(1)(c)

  “for which digital payment tokens the value of which exceeds the threshold amount are received as payment;”

• PSPM Act; PMLTFPF Regulations (sections in refs), ACD Transaction-Based Requirements page

  “"threshold amount" means S$20,000 or its equivalent in value, or an amount prescribed in substitution.”

Perform CDD before the transaction: identify and verify the customer and beneficial owners, screen against sanctions lists; stop and consider an STR if CDD cannot be completed

من

Registered bullion dealer / trader (PSPM registered dealer)

يُصدر

CDD record (customer and beneficial-owner identification and verification); Sanctions/terrorist-designation screening record (MHA lists, MAS TFS lists, myPal)

• PSPM Act; PMLTFPF Regulations (sections in refs), PSPM Act s.16(1)(a)

  “before entering into a designated transaction;”

• PSPM Act; PMLTFPF Regulations (sections in refs), s.16(1)(b)

  “where the regulated dealer has reason to suspect money laundering, terrorism financing or the financing of proliferation of weapons of mass destruction;”

• PSPM Act; PMLTFPF Regulations (sections in refs), s.16(1)(c)

  “where the regulated dealer has reason to doubt the veracity or adequacy of information obtained from earlier customer due diligence measures;”

• PSPM Act; PMLTFPF Regulations (sections in refs), s.16(5)(a)

  “decline to enter into any transaction with the customer;”

• PSPM Act; PMLTFPF Regulations (sections in refs), s.16(5)(b)

  “terminate any transaction entered into with the customer;”

• PSPM Act; PMLTFPF Regulations (sections in refs), s.16(5)(c)

  “determine whether to make a disclosure under section 45 of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992 or section 8 or 10 of the Terrorism (Suppression of Financing) Act 2002;”

• PSPM Act; PMLTFPF Regulations (sections in refs), PMLTFPF Regulations reg 5(1)(a)

  “obtain the customer's identifying information;”

• PSPM Act; PMLTFPF Regulations (sections in refs), reg 5(1)(b)

  “verify the customer's identity using reliable and independent sources, such as the customer's identity card, passport or other document of identity issued by a government;”

• PSPM Act; PMLTFPF Regulations (sections in refs), reg 6(1)(b)

  “identify each beneficial owner of the customer and take reasonable measures to verify the identity of each beneficial owner by obtaining the following information from reliable and independent sources:”

• PSPM Act; PMLTFPF Regulations (sections in refs), reg 16(1): sanctions screening

  “A regulated dealer must, before dealing with any customer, take reasonable measures to assess whether the customer, any person on whose behalf the customer is acting, or a beneficial owner of the customer (where the customer is an entity or a legal arrangement) is -”

• PSPM Act; PMLTFPF Regulations (sections in refs), reg 16(1)(a)

  “a terrorist or terrorist entity under the Terrorism (Suppression of Financing) Act 2002;”

• PSPM Act; PMLTFPF Regulations (sections in refs), reg 16(1)(b)

  “a designated person as defined in any regulations made under the United Nations Act 2001; or”

Apply enhanced CDD (senior-management approval, source of wealth and funds, enhanced monitoring) for PEPs, FATF-listed jurisdictions, Registrar-notified persons or high-risk customers; apply the A.C.T. anti-scam protocol on gold bar purchases above S$20,000

من

Registered bullion dealer / trader (PSPM registered dealer)

يتطلب

CDD record (customer and beneficial-owner identification and verification)

يُصدر

Enhanced CDD file with senior-management approval and source-of-wealth/source-of-funds evidence

• PMLTFPF Regulations 2019 reg 7; Code of Practice (2026) under PSPM Act s.35(1)

Sell the IPM without GST and issue an invoice for the exempt supply; transfer title by delivery or book transfer in the vault

من

Registered bullion dealer / trader (PSPM registered dealer)

يتطلب

CDD record (customer and beneficial-owner identification and verification)

يُصدر

Invoice for an exempt supply of IPM; Bank transfer record; Allocated or unallocated metal account statement

• GST Act 1993; GST (General) Regulations, Fourth Schedule Part 1 para 1A; reg 13A

Settle wholesale loco Singapore trades between banks and dealers by metal account transfer; SGX is to operate an OTC gold clearing system for loco Singapore by end-2026, with interbank trading building up from 2027 (six bullion banks signing as clearing members)

من

Bullion bank (MAS-licensed bank)

يُصدر

Loco Singapore settlement / account transfer confirmation

[not-read] the SGX clearing rulebook is not published in the texts held; timing from the MAS speech of 15 Jun 2026.

File a Cash Transaction Report (Form NP 784) on SONAR

من

Registered bullion dealer / trader (PSPM registered dealer)

يتطلب

CDD record (customer and beneficial-owner identification and verification)

يُصدر

Cash Transaction Report, Form NP 784 (filed on SONAR)

• PSPM Act; PMLTFPF Regulations (sections in refs), PSPM Act s.17(1)

  “A regulated dealer who enters into any designated transaction must submit to a Suspicious Transaction Reporting Officer, within the prescribed time, a cash transaction report relating to that transaction in the prescribed form and manner.”

• PSPM Act; PMLTFPF Regulations (sections in refs), s.17(1A)

  “A regulated dealer must not, without reasonable excuse, submit a cash transaction report under subsection (1) that is incomplete or inaccurate.”

• PSPM Act; PMLTFPF Regulations (sections in refs), s.17(3)

  “A regulated dealer must, at the time of submitting a cash transaction report under subsection (1) or immediately thereafter, submit a copy of the cash transaction report to the Registrar.”

• PSPM Act; PMLTFPF Regulations (sections in refs), PMLTFPF Regulations reg 12(1)(a)

  “the prescribed form for a cash transaction report is Form NP 784 as set out at the website at https://www.police.gov.sg; and”

• PSPM Act; PMLTFPF Regulations (sections in refs), reg 12(1)(b)

  “the prescribed time for the submission of a cash transaction report is not later than 15 business days after the date on which the designated transaction is entered into.”

• PSPM Act; PMLTFPF Regulations (sections in refs), STRO Cash Transaction Reporting page

  “You can file a Cash Transaction Report (CTR) (Form NP 784) electronically via STRO Online Notices And Reporting platform (SONAR).”

• PSPM Act; PMLTFPF Regulations (sections in refs), STRO page

  “When you e-file through SONAR, your CTR will automatically be forwarded to ACD on your behalf.”

File an STR on SONAR where ML/TF/PF is suspected; do not tip off

من

Registered bullion dealer / trader (PSPM registered dealer)

يُصدر

Suspicious Transaction Report (SONAR)

[unconfirmed] the 5-business-day / one-business-day timelines are the Registrar's Guidelines (STR paragraph), not statute.

• CDSA; CDSA (Disclosure under Section 45) Regulations (SONAR); TSOFA; PSPM Act (sections in refs), CDSA s.45(1) (parsed into section a1-s-42 of this record)

  “Where a person knows or has reasonable grounds to suspect that any property -”

• CDSA; CDSA (Disclosure under Section 45) Regulations (SONAR); TSOFA; PSPM Act (sections in refs), CDSA s.45(1)

  “the person must disclose the knowledge or suspicion or the information or other matter on which that knowledge or suspicion is based to a Suspicious Transaction Reporting Officer as soon as is reasonably practicable after it comes to the person's attention.”

• CDSA; CDSA (Disclosure under Section 45) Regulations (SONAR); TSOFA; PSPM Act (sections in refs), CDSA s.57(2)(a) tipping-off

  “knows or has reasonable grounds to suspect that a disclosure has been or is being made to an authorised officer under this Act (called in this section the disclosure); and”

• CDSA; CDSA (Disclosure under Section 45) Regulations (SONAR); TSOFA; PSPM Act (sections in refs), CDSA s.57(2)(b)

  “discloses to any other person information or any other matter which is likely to prejudice any investigation which might be conducted following the disclosure, shall be guilty of an offence”

• CDSA; CDSA (Disclosure under Section 45) Regulations (SONAR); TSOFA; PSPM Act (sections in refs), CDSA (Disclosure under Section 45) Regulations 2024 reg 3

  “A disclosure made under section 45(1) of the Act must be made -”

• CDSA; CDSA (Disclosure under Section 45) Regulations (SONAR); TSOFA; PSPM Act (sections in refs), reg 3(a)

  “electronically by using SONAR; or”

• CDSA; CDSA (Disclosure under Section 45) Regulations (SONAR); TSOFA; PSPM Act (sections in refs), TSOFA s.8(1)

  “must immediately inform the Commissioner of Police of that fact or information.”

• CDSA; CDSA (Disclosure under Section 45) Regulations (SONAR); TSOFA; PSPM Act (sections in refs), TSOFA s.10(1)

  “who fails to disclose the information immediately to a police officer shall be guilty of an offence.”

• CDSA; CDSA (Disclosure under Section 45) Regulations (SONAR); TSOFA; PSPM Act (sections in refs), PSPM Act s.21(2)

  “A regulated dealer must, at the time of disclosing a matter under subsection (1) or immediately thereafter, submit a copy of the information so disclosed to the Registrar.”

• CDSA; CDSA (Disclosure under Section 45) Regulations (SONAR); TSOFA; PSPM Act (sections in refs), Guidelines v5.1 para 12.2.1

  “is required to submit an STR to STRO as soon as reasonably practicable upon the establishment of suspicion (i.e. no longer than 5 business days).”

• CDSA; CDSA (Disclosure under Section 45) Regulations (SONAR); TSOFA; PSPM Act (sections in refs), Guidelines para 12.4.1

  “Regulated dealers are reminded that it is an offence23 to disclose the fact that an STR was filed.”

Keep CDD, transaction and report records

من

Registered bullion dealer / trader (PSPM registered dealer)

يتطلب

CDD record (customer and beneficial-owner identification and verification)

• PSPM Act; PMLTFPF Regulations (sections in refs), PSPM Act s.18(1)(a)

  “a record of every designated transaction (whether or not completed) and every other transaction for which the customer due diligence measures mentioned in section 16 must be performed, containing the prescribed information on that transaction;”

• PSPM Act; PMLTFPF Regulations (sections in refs), s.18(1)(b)

  “a record of all information relating to a customer which is obtained through the customer due diligence measures performed under section 16;”

• PSPM Act; PMLTFPF Regulations (sections in refs), s.18(1)(c)

  “a copy of each supporting document relied on in support of any information referred to in paragraph (b);”

• PSPM Act; PMLTFPF Regulations (sections in refs), s.17(2)

  “A regulated dealer must keep a copy of each cash transaction report submitted under subsection (1) for the prescribed period.”

• PSPM Act; PMLTFPF Regulations (sections in refs), PMLTFPF Regulations reg 13(1)

  “For the purposes of section 18(1) or (1A) of the Act, the period for which the documents and information in that section must be kept is 5 years after whichever of the following dates is applicable:”

• PSPM Act; PMLTFPF Regulations (sections in refs), reg 13(1)(a)

  “the date of the designated transaction;”

• PSPM Act; PMLTFPF Regulations (sections in refs), reg 13(3)(c)

  “a record of the supporting information or a copy of each supporting document relied on by the regulated dealer in making a cash transaction report;”

• PSPM Act; PMLTFPF Regulations (sections in refs), reg 13(4)

  “All the records, information and documents required to be kept under section 18 of the Act and these Regulations must be kept in a manner so as to be accurate, complete, legible and accessible to the Registrar, an auditor, an authorised officer or a Suspicious Transaction Reporting Officer.”

• PSPM Act; PMLTFPF Regulations (sections in refs), reg 12(2)

  “For the purposes of section 17(2) of the Act, the period for which a copy of a cash transaction report must be kept is 5 years after the date of submission of the cash transaction report.”

Receive export proceeds into a DHE SDA special account at LPEI or a foreign-exchange bank

من

Gold exporter (company with NIB)

يُصدر

Bank transfer record

Whether gold falls within the DHE SDA goods list was not confirmed.

• PP 36/2023 as amended by PP 8/2025, Arts 6, 8(1)

Retain 100% of DHE SDA in the Indonesian financial system for at least 12 months (from 1 Mar 2025); non-compliance leads to suspension of export services

من

Foreign-exchange bank / LPEI holding the DHE SDA special account

يُصدر

DHE SDA special-account placement record

• PP 8/2025, Arts 7(1)-(2), 16(1)