Accreditation initiatives

Accreditation initiatives

DMCC has two accreditation initiatives

 

Dubai Good Delivery (DGD)


The DGD standard was developed by DMCC in 2005 and is regarded as the international benchmark for quality and technical specification for the production of gold and/or silver. For gold refineries, the certification also includes responsible sourcing of gold in accordance with the ‘DMCC Rules for Risk Based Due Diligence for Gold and Precious Metals’.

Market Deliverable Brand (MDB)


MDB is an accreditation initiative that certifies gold and silver refineries (with a minimum of one year of operations) for their quality and technical production of gold and/or silver. For gold refineries, the certification also includes responsible sourcing of gold in accordance with the 'DMCC Rules for Risk Based Due Diligence for Gold and Precious Metals’. Membership is renewable annually.

The above accreditation initiatives are regulated by the DMCC’s Consolidated Accreditation Rules. To access a copy, please click here. The DMCC Accreditation Rules replaces earlier versions of the DGD and MDB Rules and is effective from 1st June 2016. Apart from document structure and formatting, the major amendments are summarised as follows:

  1. DGD Rules and MDB Rules have been incorporated into a single consolidated rules document
  2. Clarification on application requirements for an additional refinery location of an existing member and reapplication requirements for a former member
  3. Rationalisation of the membership renewal requirements
  4. Clarification on the process for delisting a member

Documents referenced in the Accreditation Rules can be found using the links below:

DMCC’s Anti-Money Laundering and Combating Financing of Terrorism Policy

DMCC’s Guidance for Risk Based Compliance for Designated Non-Financial Business and Professions

 

Documents

Download documents and information

Become a member

For additional information to become a member of the DMCC’s Accreditation Initiative(s), please email us on