Past event summary

About the event

In order to promote the integrity and effective functioning of the precious metals industry, DMCC is held a workshop on the Precious Metals Online Trading (PMOT) Policy. The event outlined the policy and how DMCC companies, in the online precious metals industry, are affected by this.

This policy was launched to promote a robust, fair, open, regulated and transparent precious metals market in which companies are able to confidently and efficiently run their businesses.

Event topics:

1 - What are its main references of PMOT? UAE laws and regulation?
2 - Why is PMOT important for DMCC, members and the public?
3 - What are the main elements of PMOT?

• Objective and scope
• Its applicability
• Main elements
• Enhanced due diligence process
• Enforcement

4 - Timeline of implementation of PMOT
5 - Challenges in implementation of PMOT and how DMCC can assist in addressing them