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Insider UK
Business
Perry Gourley

Key international role for Scottish precious metals boss

The chief executive of gold and silver hallmarking body the Edinburgh Assay Office has been appointed to a top industry role.

Scott Walter will become chairman of the Convention on the Control & Marking of Articles of Precious Metals (CCMAPM) at the end of November. The CCMAPM, founded in 1972, sets out technical rules on testing and marking recognised by countries including the UK, Austria, Finland, Norway, Portugal, Sweden and Switzerland.

Walter said: “Since its inception, the hallmarking convention has continued to provide certainty for manufacturers and retailers by giving them the confidence and stability that is essential when trading across different countries.

"As we face the unknowns of a post-Brexit regulatory framework, the convention provides both continuity and certainty for both importers and exporters. As an industry, we are fortunate to have an established trade treaty in place and its importance, in that respect, cannot be understated.”

The Edinburgh Assay Office has been testing and hallmarking precious metals since 1457 and is the trading arm of the Incorporation of Goldsmiths of the City of Edinburgh, which was granted its royal charter in 1687.

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