SBMA plays an important part in the development of market standards and regulation.
One of the primary objectives of the SBMA is to influence public policy in a direction favourable to Singapore’s development as a precious metals hub and its members, and to engage in the legislators and policy makers to support or oppose particular legislation or policies relating to precious metals.
SBMA helps to increase Singapore’s bullion activity across all the sub sectors of refining, trading, logistics, price discovery, risk management.
SBMA is the thought and innovation leader for ASEAN bullion development. This includes publishing market analyses, launching new standards, products, pricing mechanisms etc.
SBMA integrates and harmonises the ASEAN gold market, encouraging ASEAN bullion organisations to use Singapore as their hub for refining, trading, logistics, price discovery and risk management.
SBMA also offers services, such as organising conferences, networking sessions, or conducting classes and providing educational materials.
SBMA sometimes produces advertisements. Those are targeted to promote the view of an entire industry.
(a) Ads to improve industry image.
(b) Ads to shape opinion on a specific issue.
SBMA publishes newsletters and magazines that contain our activities, industry news developments, advertising by our members and editorial features on topical issues. SBMA also publishes membership directories. The directory contains the profile and contact list of each SBMA member.