
MMTC-PAMP India Pvt Ltd
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Founded Date January 18, 2008
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Sectors Digital Gold , Gold , Gold Coin
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Posted Jobs 0
Company Description
A joint venture between Switzerland based bullion brand, PAMP SA, and MMTC Ltd, a Government of India Undertaking, MMTC-PAMP seamlessly marries Swiss excellence with Indian insights. MMTC-PAMP India Pvt. Ltd. is internationally recognized as an industry leader for bringing global standards of excellence to the Indian precious metals industry. We have received several awards since our inception from local and global industry bodies for the transparency and sustainability that we rigorously uphold in our sourcing, refining and supply of precious metals in the Indian market. MMTC-PAMP is the only LBMA-accredited Gold & Silver refinery in India, and is accepted across global commodity exchanges and central banks.
Responsible Gold
We invest in ensuring an ethical value chain for our offerings, and follow best practices in good governance and the highest standards set by global bodies to weed out potential human rights violations, conflict sourcing, and corruption.
Accountability to our customers through stringent anti money laundering controls
As part of our responsibility to our most important stakeholders– our customers– we work hard to ensure transparent engagement across the board. We have gone above and beyond regulatory KYC standards and instituted a strict no-cash transaction policy that aligns with good governance practices in the post-demonetisation era in India. We follow extremely stringent anti-money laundering policies, implemented through comprehensive management systems. These include rigorous risk-based due diligence procedures before entering new commercial relationships. The policy also ensures continuous monitoring of transactions using a risk-based approach.
Building a sustainable ethical value chain by complying with Responsible Gold Guidelines
Responsible supply chain management is non-negotiable for us and we take deep pride in producing sustainably sourced precious metals. Following the Responsible Precious Metals Policy established by our parent company, the MKS PAMP Group, our supply chain due diligence is audited annually by the London Bullion Market Association (LBMA).
Our effective management and control systems and protocols conform to the stringent standards of the LBMA Responsible Gold Guidance, making us the first and only refinery in India to hold the coveted and independently audited Responsible Gold certification till date.
Additionally, MMTC-PAMP is also a Certified Member of the Responsible Jewellery Council- another first for precious metals refineries in India.