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The IFSCA (Good Delivery) Guidelines, 2026, require refiners to conduct supply-chain due diligence, identify sourcing risks, maintain traceability and undergo independent audits. Ahmedabad: International Financial Services Centres Authority (IFSCA) recently introduced a framework to strengthen responsible sourcing and traceability in the bullion market, setting out new compliance requirements for domestic and international gold refiners seeking accreditation with the India International Bullion Exchange (IIBX) at GIFT City. You Can Also Check: Gold Rate in Ahmedabad | Silver Rate in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad | Ahmedabad AQI | Weather in Ahmedabad | Petrol Price in Ahmedabad | Diesel Price in Ahmedabad | CNG Price in Ahmedabad | LPG Price in Ahmedabad Stay updated with the latest Ahmedabad news.
The move places accredited Indian gold refineries a level playing field in international bullion markets and strengthen domestic refining capabilities,” said Ashok Gautam, CEO, IIBX. “IFSCA’s guidelines align with global efforts to strengthen responsible sourcing of precious metals, alongside initiatives by the London Bullion Market Association (LBMA), UAE govt, Responsible Minerals Initiative and the Responsible Jewellery Council,” he further added. Gold can enter the market through mined dore, recycled jewellery, manufacturing scrap and other secondary sources. These channels carry different risks relating to provenance, human rights, conflict financing and environmental practices. The framework requires refiners to trace gold to its origin and document intermediaries, transit routes and the chain of custody. Refiners must assess risks linked to money laundering, fraud, sanctions violations, among others. IIBX will oversee accreditation and maintain a public registry of auditors. The framework aims to strengthen supply-chain transparency and responsible sourcing, while providing eligible domestic and overseas refiners a route to have their gold accepted for delivery on the exchange. “By far, good delivery standards have focused on the purity, weight, dimensions and refining quality of gold bars. The new guidelines extend the compliance framework to the origin of gold and the risks associated with its supply chain. Download the TOI App.