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SBMA News

By Albert Cheng, CEO, SBMA
Published on June 5, 2019 

The team at SBMA has been busy this quarter with preparatory work for the 3rd Asia Pacific Precious Metals Conference (APPMC) in June. SBMA will be celebrating its 25th anniversary and we have planned many new activities and features at the conference to commemorate this occasion. We hope that you will celebrate with us at APPMC.

Here is an update of our activities:

April 1

SBMA holds a seminar on the launch of the Metals Focus Gold Focus 2019 report.

Management Committee of SBMA and key members participating at the Asian benchmark brainstorming workshop
April 10

DCE Gordon Cheung visited precious metals related companies in Hong Kong and Shenzhen as part of an outreach trip.

April 27

SBMA holds a full-day Asian benchmark brainstorming workshop with team facilitation to develop a new three-year strategy for the association going forward.

From left, Albert Cheng (CEO, SBMA) with Mr Song (Chairman, China Gold Association) in Xi’an during the “2019 Global Gold Market Summit”
From left, Albert Cheng (CEO, SBMA) with David Tait (CEO, World Gold Council) in Xi’an during the “2019 Global Gold Market Summit”
May 6

SBMA members attend the Ministry of Law’s 1st Onboarding Conference for the industry to provide an overview of the regulatory and registration requirements under the Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act.

May 7

DCE Gordon Cheung represents SBMA at LME Asia Week in Hong Kong.

DCE Gordon was invited to LME Asia Seminar and Gala Dinner in Hong Kong. He is seen in picture with SBMA members, from left, Janet Leung from G4S International Logistics (Hong Kong), Amar Singh from JP Morgan, Dawn Chen from MTS Gold Global Trading and Raman Walia from JP Morgan.
May 22

SBMA members attend the Ministry of Law’s 2st Onboarding Conference for the industry to provide an overview of the regulatory and registration requirements under the Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act.


Exploratory Meetings

During the quarter, we met with the following companies on membership and matters related to market development: Accadence, EIS Global, Finews Asia, ICBC Standard Bank, In Gold We Trust Report, Mileage Communications, Singapore Tourism Board, Triland Metals, UOB, Workbite and World Gold Council.


Membership

SBMA’s total membership consists of 46 companies, including three Category 1 members, 32 Local Associate Corporate members, nine Foreign Associate Corporate members, and two Affiliate members.


Upcoming Events

15–18 June 2019. Reno, Nevada, United States.
IPMI 43rd Annual Conference

The IPMI is an annual conference that aims to collect, archive and share substantive, definitive and factual information regarding all aspects of the precious metals. Session topics will address precious metals topics of current interest presented by world recognised leaders and experts in the field.

1–4 August 2019. Amritsar, India.
16th India International Gold Convention (IIGC)

More information, updates and details of past conferences are available at www.goldconvention.in.

12 September 2019. New York, United States.
LPPM/LBMA Cocktail Reception

Registration details for LBMA and LPPM members will be announced later this year.


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