The chief executive and assay master of the Edinburgh Assay Office has accepted an international chairman role.
Scott Walter will take up the role of chairman of the Convention on the Control & Marking of Articles of Precious Metals (CCMAPM) at the end of November.
Also known as ‘Precious Metals Convention’, ‘Hallmarking Convention’. or ‘Vienna Convention’, the CCMAPM is an international treaty between contracting states, which aims at facilitating the cross-border trade of precious metal articles.
Walter has held previous roles within the Convention sitting on the Standing Technical committee and the Vision and Strategy Working group.
Most recently the assay master completed a five-year term as chairman of the International Association of Assay Offices, which culminated in its merger with the CCMAPM.
Walter shares: “The hallmarking convention was a bold and ambitious project when it was founded in the 1970s and I am delighted to be taking up the role of chairman.
“Since its inception, the hallmarking convention has continued to provide certainty for manufacturers and retailers ever since by giving them the confidence and stability that is essential when trading across different countries.”
The UK joined Austria, Finland, Norway, Portugal, Sweden and Switzerland as the original seven signatories to the convention.
Croatia, Cyprus, the Czech Republic, Hungary, Ireland, Israel, Latvia, Lithuania, the Netherlands, Poland, the Slovak Republic, and Slovenia have since joined the framework, taking the total number of signatories to 20.
Italy and Serbia are currently in the process of ratifying the treaty.
Walter continues: “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.”