DMCC has worked with the Organisation for Economic Co-operation and Development (OECD) advisory group, the developers of the responsible gold guidelines, to develop the ‘Practical Guidance for Market Participants in the Gold and Precious Metals Industry’ (the DMCC “Guidance”.) DMCC has taken a leading role in the UAE in engaging Dubai-based gold refiners, traders, companies and representatives to develop and facilitate the implementation of the Guidance in an efficient and cost-effective manner. DMCC is also collaborating with various Governmental Agencies to formalise the implementation of the DMCC Guidance across the UAE.