en.Wedoany.com Reported - Amendments to the Law on Precious Metals and Gemstones, signed by Russian President Vladimir Putin, were published on June 11, 2026. The new law introduces two key adjustments for precious metal refining enterprises: strengthening the verification of batch sources and relaxing transportation requirements for low-concentration precious metal materials.

According to the amendments, refineries must conduct mandatory verification of each batch of precious metals received through the State Integrated Information System for the Control of Circulation of Precious Metals, Gemstones, and Their Products (GIIS DMDK). If the system data cannot confirm the legal source of the batch, the refinery must suspend acceptance of the metal to be processed. This provision aims to ensure full traceability of raw materials and reduce the risk of illegally mined metals entering the circulation chain. The mandatory verification clause is scheduled to take effect on September 1, 2027.

Another adjustment concerns the transportation rules for low-concentration precious metal raw materials and waste. For shipments with a silver content below 5% and gold, platinum, and platinum group metal content below 1%, the new law allows transportation without armed guards and special equipment. The responsibility for safekeeping of such goods rests entirely with the owner.

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