Melted gold flows out of a smelter into a mould of a bar at a plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsCompanies The London Bullion Market Association FollowLONDON, Sept 14 (Reuters) - The London Bullion Market Association (LBMA) on Thursday called for proposals from service firms to create a secure global database that would improve trust in the gold market's value chain. Gold refineries must source gold responsibly under the industry body's accreditation requirements, allowing them access to London's bullion market, the world's largest. The group's database of Russian gold bars held by banks in London helps to prevent sanctions evasion by Russian companies. Reporting by Polina Devitt; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

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Persons: Denis Balibouse, Ruth Crowell, Polina Devitt, Richard Chang Organizations: REUTERS, Bullion Market, Bullion Market Association, Thomson Locations: Mendrisio, Switzerland, London