Gold Evolution Pte Ltd is a Regulated Dealer registered with the Ministry of Law under the Precious Stones and Precious Metals (PSPM) Act 2019 (Reg. No. PS20240000362). The law requires us to verify your identity — the quick ID check you complete once at sign-up. Below is the Ministry of Law's official Notice for Customers.
Tap the notice to view it full size. Source: Ministry of Law (AML/CFT Division) — go.gov.sg/acd.
What does it mean to me as a customer?
You may be required to provide your personal information and identification documents for verification purposes when you purchase precious stones, precious metals and/or precious products ("PSPMs") from regulated dealers. Some common PSPM include diamond and gold jewellery, platinum wedding bands and gold or silver bullion bars. A full list of PSPM is available under the Ministry of Law's Regulatory Regime.
By providing this information and these documents promptly, you play a part in protecting the precious stones and precious metals dealers sector — and Singapore — from being misused for criminal activities.
What if I do not give my identifying information?
The law prohibits regulated dealers from completing the transaction with you if you do not provide this information as requested.
What happens to my personal information?
All personal information you provide is kept confidential and handled in accordance with the Personal Data Protection Act 2012. For exactly how Gold Evolution collects, uses and stores your data, see our Privacy Policy.