Compliance & Due Diligence
A full compliance framework based on AMLO / FATF rules and the OECD responsible supply chain due diligence guidance.
International Anti-Money Laundering and Responsible Supply Chain
International has built a comprehensive compliance framework based on international anti-money-laundering standards (AMLO/FATF) and the OECD Due Diligence Guidance for Responsible Supply Chains. All cross-border operations follow internationally accepted client onboarding and transaction monitoring requirements.
International Anti-Money Laundering
CDD and STR systems established under Hong Kong and international anti-money-laundering regulations, covering the three key stages of customer due diligence, suspicious transaction reporting and record keeping.
Financial Action Task Force
Cross-border transaction monitoring and compliance management are refined against FATF international anti-money-laundering standards, ensuring institutional client onboarding meets internationally accepted requirements.
Responsible Supply Chain
Following the OECD Due Diligence Guidance for Responsible Supply Chains and complementing the LBMA/LPPM frameworks, we maintain a global supply chain compliance management framework.
International Standards
Delivery, assay and traceability are all aligned with LBMA/LPPM Good Delivery international standards, delivering consistent and trustworthy service to institutional clients worldwide.
Compliance Obligations of Precious Metals Dealers
Under FATF recommendations, dealers in precious metals and stones are classified as Designated Non-Financial Businesses and Professions (DNFBPs) and bear obligations akin to financial institutions — customer due diligence, suspicious transaction reporting and record-keeping.
Core Obligations
Customer due diligence (CDD), beneficial-owner identification, PEP and sanctions screening, suspicious transaction reporting (STR), record-keeping, and risk-based compliance management.
Cash Threshold
Under widely adopted international standards, cash transactions at or above USD / EUR 15,000 (or equivalent) trigger full CDD and record-keeping. Yue Xin International applies enhanced due diligence (EDD) to higher-risk clients and transactions.
The Five-Step Responsible Sourcing Framework
Our supply chain due diligence aligns with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
Strong Management Systems
Adopt and publish a supply chain policy; build internal controls, transparency and a grievance mechanism.
Identify & Assess Risk
Identify red flags and potential adverse impacts; map the origin and upstream actors.
Design & Implement Response
Report to senior management; adopt a risk-management plan with mitigation or suspension.
Independent Third-Party Audit
Independent auditors verify due-diligence practices at key control points.
Report & Disclose
Publicly report supply-chain due-diligence policies and practices to stakeholders.
Customer Due Diligence & Ongoing Monitoring
Using a risk-based approach, we apply tiered due diligence and continuous monitoring across customers, products, geography and transactions.
Customer Risk
- Identity and beneficial-owner verification
- Politically Exposed Persons (PEP) screening
- Enhanced review for high-net-worth cash clients
Product Risk
- Highly liquid bars and ingots
- Investment jewelry and commemorative items
- Verifiability of source and fineness
Geographic Risk
- Conflict and high-risk area awareness
- Sanctioned countries and territories
- Weak AML regulatory jurisdictions
Transaction Risk
- Large cash purchases
- Multiple linked or structured transactions
- Unusual trade patterns and routes
We maintain a Money Laundering Reporting Officer (MLRO) and staff training, report suspicious activity to the competent authority as required, and retain client and transaction records for regulatory review.
Responsible Sourcing & Traceability
Complementing the LBMA / LPPM / OECD frameworks, we maintain a global supply-chain compliance system that guards against conflict minerals and rights abuses.
We require suppliers to provide origin, refiner and shipping evidence, and verify source compliance through the LBMA / LPPM Good Delivery Lists and independent audits.