SBMA NewsBy Albert Cheng, CEO, SBMA
SBMA would like to wish everyone a wonderful festive season and thank all our contributors and sponsors for your continued support over the past year. We are looking forward to working together with you again in 2019. Here is an update of our activities in the past quarter:
SBMA and its management committee attends the closed-door briefing session on the proposed AML/CFT regulatory regime for the PSMD Sector.
DCE Gordon Cheung attends ABC Bullion’s dinner function at the Hong Kong Jockey Club.
DCE Gordon Cheung attends the half-day briefing session on the One Stop Service Centre (OSSC) on behalf of SBMA and its committee members. The OSSC will connect the Myanmar gold sector with the international gold market, and facilitate the import and export of gold and gold jewellery and accessories in Yangon. Gordon also attended the OSSC opening ceremony on September 24. Read about the OSSC on page 14.
CEO Albert Cheng represents SBMA at the 9th Precious Metals Investment Symposium (PMIS) as a keynote speaker. SBMA is proud to be the industry partner of PMIS2018, the largest and most comprehensive precious metals investment event in Australia.
CEO Albert Cheng and DCE Gordon Cheung represents SBMA at the Islamic Finance News (IFN) Forum Singapore. Albert moderated a panel on gold as an asset class in the Islamic finance market at the session “Gold – All that Glitters”. He was joined on the panel by SBMA member Andrew Naylor from the World Gold Council.
DCE Gordon Cheung represents SBMA and at the Commodities Intelligence Platform launch ceremony at SGX.
SBMA organises the three-day workshop on Artificial Intelligence Application in Algorithmic Trading for traders to learn how data science can be applied to trading in the financial markets.
CEO Albert Cheng represents SBMA at the LBMA Precious Metals Conference in Boston.
DCE Gordon Cheung represents SBMA at the launch of the Skills Framework for Wholesale Trade and the opening of the inaugural Wholesale Trade Career Fair.
DCE Gordon Cheung represents SBMA at the LME Singapore Gala, a half-day conference for market participants. The conference provided a forum for discussion around the state of metals market in the Asia-Pacific region, including economic analysis and debate.
During the quarter, SBMA held exploratory meetings with the following companies: Allen & Gledhill, AMC Asia, DIGIX, Dillon Gage, EIS Global Capital, Emergent Technologies/Responsible Gold Singapore, FBIL International Trading Pte Ltd/Foresight Bullion India Pvt Ltd, Generation X, GVS Asia, Ingenique Solution Pte Ltd, ITI@SMU, Jacaranda Commodity Partners, SMU Academy, the Ministry of Law, and 121 Group on membership and matters related to market development.
SBMA total membership consists of 46 companies, including three Category 1 members, 33 Local Associate Corporate members, eight Foreign Associate Corporate members, and two Affiliate members.
Two applications are pending approval by the Membership Committee.
The AFF brings together some of the most influential members of the global financial and business community to discuss developments and trends in the dynamic markets of Asia. Find registration and details at http://info.hktdc.com/dm/aff/2019/itr156348/index_en.html.
Investing in African Mining Indaba is the World’s Largest Mining Investment Conference and the Largest Mining Event in Africa. Find registration and details at https://www.miningindaba.com/ehome/index.php?eventid=283869&.
The conference is designed to allow an exchange of views between technical staff of organisations interested in current issues relating to the assaying, refining and casting of precious metals, primarily covering gold and silver and also to provide them with information on the operation of the LBMA’s Good Delivery system. Find registration and details at https://www.assayingandrefiningconference2019.com/.
The Hong Kong International Jewellery Show saw over 2,500 exhibitors and about 53,000 number of buyers last year. For registration and more details, you can visit: https://event.hktdc.com/fair/hkjewellery-en/HKTDC-Hong-Kong-International-Jewellery-Show/.
The Asia Pacific Precious Metals Conference (APPMC) is the SBMA and Enterprise Singapore’s flagship event that aims at developing and strengthening a unified body in Southeast Asia for the bullion market. Registration and information can be found at http://www.asiapacificpmc.com.
The LBMA’s annual conference feature leading experts who provide an insightful assessment of topical issues affecting the precious metals market. Find registration and details at http://www.lbma.org.uk/upcomingevents/lbma-lppm-precious-metals-conference-2019.
Back to Index