Swiss propose gold transparency to avoid human rights breaches


  • World
  • Wednesday, 14 Nov 2018

FILE PHOTO: A one kilogramm gold bar imprinted with the word 'Switzerland' is displayed in a Swiss bank in Bern November 25, 2014. Picture taken November 25, 2014. REUTERS/Ruben Sprich

ZURICH (Reuters) - Switzerland stopped short of new laws to ensure that gold it imports for refining has not been produced in violation of human rights, proposing greater industry transparency instead.

Home to four of the world's largest refiners, the Swiss industry has come under fire from human rights groups and non-governmental organisations for instances in which gold it has imported was alleged to have financed conflict or been mined in ways that violated human rights.

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