The London Bullion Market Association (LBMA) has invoked its Incident Review Process (IRP) against Swiss precious metals refiner Valcambi SA following recent media reports, while confirming that the company continues to retain its status as a Good Delivery Refiner.
In a statement issued on 16 June, LBMA said the review will involve consultations with various stakeholders and will be conducted in line with its Good Delivery Rules. The association added that it remains committed to a transparent and rigorous process and will provide updates as the review progresses.
LBMA has sought a statement from Valcambi and said it will continue to engage with the refiner and relevant stakeholders during the investigation.
Despite the review, Valcambi remains on the LBMA Good Delivery List, which comprises refiners whose gold and silver bars meet the quality standards required for acceptance in the London bullion market.
The Incident Review Process is typically triggered in response to reputational concerns and includes media and legal reviews, engagement with auditors and refiners, and consultations with market participants before any action or sanctions are considered.
Recent reports have linked the development to regulatory scrutiny involving Valcambi’s parent company, Rajesh Exports Ltd., after India’s Securities and Exchange Board of India (SEBI) issued an interim order alleging revenue overstatement by the company. No findings have been made against Valcambi, and the LBMA review remains ongoing.
Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D
De Beers Group Celebrates the Natural Father-Daughter Bond
Read More: https://heerazhaveraat.com/de-beers-group-celebrates-the-natural-father-daughter-bond/
Honoured to be featured in The League Extraordinaire by The New Indian Express Group alongside 32 distinguished leaders. Grateful to Shri Eshwar B. Khandre and Shri Jagadish Shettar for the felicitation, and thankful to everyone who has supported my journey. 🙏✨
2Honoured to be featured in The League Extraordinaire by The New Indian Express Group alongside 32 distinguished leaders. Grateful to Shri Eshwar B. Khandre and Shri Jagadish Shettar for the felicitation, and thankful to everyone who has supported my journey. 🙏✨
4
International Yoga Day 2026 was celebrated with great enthusiasm at Bharat Diamond Bourse under the theme "Yoga for Healthy Ageing."
The event brought together members of the gem & jewellery fraternity, highlighting the importance of yoga for wellness, balance, and healthy living
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
