Sanctions: Timely Reminder

February 24, 2022 # **Sanctions**: Timely Reminder - [](https://www.linkedin.com/shareArticle?mini=false&url=https://www.lbma.org.uk/articles/sanctions-timely-reminder&title=%3Cstrong%3ESanctions%3C%2Fstrong%3E%3A%20Timely%20Reminder) Post - Copy link Under LBMA [Good Delivery Rules](https://www.lbma.org.uk/publications/good-delivery-rules/compliance-and-risk-management), all GDL Refiners are required to comply with UN, EU, US, UK, or any other relevant, economic and/or trade sanction lists. Breach of any of the relevant Sanctions list would lead to removal from the GDL. Removal can involve a suspension or permanent de-listing. If suspended, the Refiner will be transferred to the [Former List](https://www.lbma.org.uk/publications/good-delivery-rules/background-and-high-level-principles), the Bars that it produced while on the List will still be considered Good Delivery. LBMA reserves the right to de-list Bars after an appropriate period in cases where production has ceased We will alert all relevant stakeholders of any changes to the Good Delivery List. For status updates, please visit the [Current Good Delivery List](https://www.lbma.org.uk/good-delivery/gold-current-list). - [](https://www.linkedin.com/shareArticle?mini=false&url=https://www.lbma.org.uk/articles/sanctions-timely-reminder&title=%3Cstrong%3ESanctions%3C%2Fstrong%3E%3A%20Timely%20Reminder) Post - Copy link ## Page shell (navigation, sharing links and footer as captured; not part of the document) ### Before the document text [Find out more Register for the Global Precious Metals Conference in Sorrento, Italy](https://www.lbma.org.uk/global-precious-metals-conference) - Global - [Global](/) - [中文網站](/cn/) - [Contact](https://www.lbma.org.uk/contact) - About ### About - [About LBMA](https://www.lbma.org.uk/about-us/about-the-lbma) - [Our Team](https://www.lbma.org.uk/about-us/our-team) - [LBMA Board](https://www.lbma.org.uk/about-us/lbma-board) - [Independent Decision-Making Committee](https://www.lbma.org.uk/about-us/independent-decision-making-committee) - [LBMA Sub-Committees](https://www.lbma.org.uk/about-us/lbma-sub-committees) - [Origins of the London Bullion Market](https://www.lbma.org.uk/market-standards/origins-of-the-london-bullion-market) - [History of Global Trade in Bullion](https://www.lbma.org.uk/market-standards/history-of-global-trade-in-bullion) - [Member login](https://portal.lbma.org.uk/) - Market Standards ## Market Standards As the independent authority for precious metals, we set standards that uphold trust in the global market. ### Market Overview - [About Loco London](https://www.lbma.org.uk/market-standards/about-loco-london) - [A Guide to the Loco London Precious Metals Market](https://www.lbma.org.uk/publications/the-otc-guide) - [Training and Education](https://www.lbma.org.uk/training-and-education) ### Our Standards - [Market Standards](https://www.lbma.org.uk/market-standards) - [Global Precious Metals Code](https://www.lbma.org.uk/market-standards/global-precious-metals-code) - [Good Delivery](https://www.lbma.org.uk/good-delivery) - [Responsible Sourcing](https://www.lbma.org.uk/responsible-sourcing) - [Incident Review Process](https://www.lbma.org.uk/market-standards/incident-review-process) ### Regulation Resources - [Financial Regulation](https://www.lbma.org.uk/regulation/financial-regulation) - [Due Diligence Regulation](https://www.lbma.org.uk/regulation/due-diligence-regulation) - [REACH](https://www.lbma.org.uk/regulation/reach) - [Review Process Case Studies](https://www.lbma.org.uk/review-process-case-studies) ### HQLA - [WGC and LBMA Launch Joint HQLA Website](https://www.lbma.org.uk/articles/wgc-and-lbma-launch-joint-hqla-website) - [Gold and HQLA: Correcting Misleading Online Information](https://www.lbma.org.uk/articles/gold-and-hqla-correcting-misleading-online-information)

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### Overview - About Good Delivery - Good Delivery Rules and Governance - Good Delivery FAQs ### Lists - [Good Delivery Current List Data](https://www.lbma.org.uk/good-delivery/gold-current-list) - [Good Delivery Former List Data](https://www.lbma.org.uk/good-delivery/gold-former-list) - Russian Good Delivery Bars Information ### Application Process - How to apply for Good Delivery accreditation ### Advancing Standards - Proactive Monitoring - Proficiency Testing Scheme ### Resources - Reference Materials - Vault Operators Training - Visual Guide - Physical Market Guidelines - Past Assaying and Refining Conferences - Good Delivery Newsletters ### GBI - Gold Bar Security Features - Gold Bar Integrity Ecosystem ### GDL Newsletter Read the latest newsletter from our Good Delivery team on Committee updates, refinery visits and more [Discover more](https://www.lbma.org.uk/articles/gdl-newsletter-committee-updates-refinery-visits-and-more) - Responsible Sourcing ## Responsible Sourcing All LBMA Good Delivery List Refiners must adhere to our Responsible Sourcing Programme. With annual independent auditing and public reporting, the Programme builds global demand for responsible sourcing. ### Overview - Responsible Sourcing - Approved Assurance Providers Overview - Approved Assurance Providers - LBMA's ASM Initiative ### Guidance & Tools - Guidance Documents - Refiners Toolkit ### Consultations - Public Consultation: Responsible Gold Guidance Version 10 - Disclosure Guidance Version 3 ### Resources - International Bullion Centre Recommendations - Introductory Training Module - Responsible Sourcing FAQs ### Reporting - Country of Origin Data - Sustainability and Responsible Sourcing Reports - Responsible Sourcing Newsletters - Review Process Case Studies - LBMA Position on the North Mara Mine Claim ### Supporting Pathways for Responsible ASM LBMA’s new report explores the progress made between 2022-2025 to help build the foundations for greater inclusion of responsibly sourced ASM gold in formal supply chains. [Discover more](https://www.lbma.org.uk/articles/new-lbma-report-supporting-pathways-for-responsible-asm) ### Responsible Gold Guidance V10: Public Consultation RGG10 draws on implementation experience since the introduction of V9, developments in responsible sourcing practice, and LBMA’s commitment to continuous improvement. [Discover more](https://www.lbma.org.uk/articles/public-consultation-launch-responsible-gold-guidance-version-10) ### Responsible Sourcing Newsletter Summit discussions moved from dialogue to action, LBMA held its first in-person IBC roundtable, and a public consultation is launched on RGG10. [Discover more](https://www.lbma.org.uk/articles/responsible-sourcing-newsletter-summit-takeaways-ibc-updates-and-rgg10-consultation) - Pricing & Data ## Pricing & Data View information about LBMA prices and data. ### Overview - About LBMA Daily Auction Prices - LBMA Gold Price - LBMA Silver Price - LBMA Platinum and Palladium Price - Clearing - Vaulting ### Data - LBMA Precious Metal Prices - LBMA Daily Trade Reporting Data - Clearing Data - London Vault Data - Value Dates - Country of Origin Data ### Gold Price: LBMA Snapshot Survey of Professional Analysts Gold is forecast to price at around $4,500 at year-end according to the average of a survey of 16 professional analysts conducted by LBMA. [Discover more](https://www.lbma.org.uk/articles/gold-price-lbma-snapshot-survey-of-professional-analysts) ### LBMA Responds to PRA Consultation Paper: Modernising the Liquidity Policy Framework

LBMA supports the PRA’s focus on liquidity usability, including monetisation speed, operational readiness and access to Bank of England liquidity. [Discover more](https://www.lbma.org.uk/articles/lbma-response-to-pra-consultation-paper-cp5-26-modernising-the-liquidity-policy-framework) - News ## News Read the latest news, publications and resources which outline our key initiatives. ### News and Resources - Newsroom - Alchemist - Publications - LBMA Annual Precious Metals Forecast Survey - Centenary of the LBMA Gold Price - Wonders of Gold - Press Page ### Alchemist 122: In Gold We Trust? Our latest Alchemist explores how gold from e-waste is being recycled with new technology, examines some of the factors influencing the modern global economy, highlights governance updates within LBMA, and more. [Discover more](https://www.lbma.org.uk/alchemist/issue-122) ### IBA to Administer LBMA Platinum and Palladium Price Benchmarks from 1 July 2026 A licence from IBA is required in order to obtain, use or redistribute real-time or historical LBMA Platinum and Palladium Price data from that date. [Discover more](https://www.lbma.org.uk/articles/iba-to-administer-lbma-platinum-and-palladium-price-benchmarks-from-1-july-2026) - Events ## Events Read the latest news, upcoming events and resources. ### Events and Webinars - Upcoming Events - Past Events - Webinar Series - Standards of Conduct at LBMA Events ### Global Precious Metals Conference 2026 Join us in Sorrento where we will be delivering world class insight, networking and debate, while celebrating a landmark 25 years of this flagship event. [Discover more](https://www.lbma.org.uk/global-precious-metals-conference) - Global ## Global - Global - 中文網站 - [Contact](/contact) - - About ## About - About LBMA - Our Team - LBMA Board - Independent Decision-Making Committee - LBMA Sub-Committees - Origins of the London Bullion Market - History of Global Trade in Bullion - [Member login](https://portal.lbma.org.uk/) - [](https://www.lbma.org.uk/newsroom) Front page - [](https://www.lbma.org.uk/articles) News & Insights - [](https://www.lbma.org.uk/videos) Webinar Series - [](https://www.lbma.org.uk/events) Events - [](https://www.lbma.org.uk/publications) Publications - [](https://www.lbma.org.uk/alchemist) Alchemist - [](https://www.lbma.org.uk/press-page) Press ### After the document text ### Stay updated Register to access the latest LBMA news and events through our email alerts [Register at MyLBMA](https://portal.lbma.org.uk/) ### LBMA - [our team](https://www.lbma.org.uk/about-us) - [Membership](https://www.lbma.org.uk/membership) - [Current Members](https://www.lbma.org.uk/membership/current-membership) - [Contact Us](https://www.lbma.org.uk/contact) - [Our Team](https://www.lbma.org.uk/about-us/our-team) - [Newsroom](https://www.lbma.org.uk/newsroom) - [MyLBMA](https://portal.www.lbma.org.uk/) ### Quicklinks - [Prices and Data](https://www.lbma.org.uk/prices-and-data) - [LBMA Daily Trade Reporting Data](https://www.lbma.org.uk/prices-and-data/lbma-daily-trade-reporting-data) - [Good Delivery](https://www.lbma.org.uk/good-delivery) - [Alchemist](https://www.lbma.org.uk/alchemist) - [Events](https://www.lbma.org.uk/events) - [Responsible Sourcing](https://www.lbma.org.uk/responsible-sourcing) - [A Guide to the Loco London Precious Metals Market](https://www.lbma.org.uk/publications/the-otc-guide) [中文網站](/cn)  **© 2026 LBMA** 7th Floor, 62 Threadneedle Street, London EC2R 8HP | [LBMA Privacy Notice](/lbma-privacy-notice)