🔺🔻 gold monitoring system; Supervision without a guardian?

The requirement for online gold selling platforms to connect to the "supervisory system" has entered the implementation phase while there are still questions about the trustee of the system, the legal basis, the regulatory guidelines and the liability limits of the devices. This system is supposed to adjust the gold stocks of the platforms to their debts and prevent short sales.

Along with the necessity of following up on transaction support, the way to protect users' financial information has also become one of the main challenges; Where is the data stored, which entities have access to it and which device will be responsible in the event of an error or data leak.

Hakim Mamkan, a member of the Parliament's Economic Committee, emphasized the need to monitor online gold sales platforms and said: "The principle of monitoring the activity of gold platforms and ensuring the existence of sufficient support for transactions is essential", but the trustee of the system and the limits of responsibility of the devices must be clearly defined. Farshad Ebrahimpour, a member of the parliamentary committee, also emphasized: "The principle of monitoring the activity of the gold selling platforms is a defensible issue", but before the connection of the platforms is required, the monitoring instructions and the responsibility of the devices must be specified and delivered.

Finally, the main question is: the systems that are supposed to be a tool for monitoring the gold market, under the supervision of which institution and based on which framework do they operate? / World economy

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