Responsible Raw Materials Initiative

Audit Cross-Recognition

In 2012, the CFSI, the London Bullion Market Association (LBMA), and the Responsible Jewellery Council (RJC) announced mutual cross-recognition of independent, third party gold refiner audits, in order to reduce duplication for refiners, to support their efforts in implementing the OECD Due Diligence Guidance and complying with the responsible sourcing legislation.

The following schemes are covered under this cross-recognition policy:

  • LBMA Responsible Gold Guidance
  • CFSI Conflict Free Smelter Program Gold Protocol
  • RJC Chain-of-Custody (CoC) Standard (provision 10 only)

In 2016, the 3 programs are continuing to collaborate and are committed to:

  • Contributing to the continual progress of responsible gold supply chains
  • Continual improvement of independent third party audit programs, pursuant to the OECD Guidance
  • Maintaining international credibility and market acceptance of the programs