Omega Diamonds acquitted in lawsuit by Belgian customs (article published in January 2017)
Claims against Omega Diamonds by customs dismissed
EU Commission will not legislate on synthetic diamonds
It is impossible to distinguish a natural diamond from a synthetic diamond with the naked eye: is it necessary to legislate to
Money laundering: new regulations for diamond traders
In Belgium, under the Anti Money Laundering Act diamond traders (including synthetic diamond traders) are obliged to report any suspicion of money
Belgium: tighter control over the diamond sector
The conditions for registering diamond intermediaries are tightened, while synthetic diamonds are now subject to a specific procedure.
US Looks to Tighten Jewelry-Origin Rules
The US government wants the jewelry industry to declare the origin of all materials in products, trade organizations learned this week.
Flemish Government Backs Industrial-Synthetics Factory
A Belgian regional authority will invest EUR 2 million ($2.3 million) in a production facility for industrial synthetics.
India Hikes Diamond Import Tax
India’s decision to increase import duty on diamonds could negatively affect the domestic industry, the nation’s Gem & Jewellery Export Promotion Council
“Banks must accept diamond dealers as customers”
The Belgian government is preparing a law on a basic banking service for companies. It is tailor made to the Antwerp diamond industry.
India’s much-anticipated goods and services tax (GST).
India’s much-anticipated goods and services tax (GST) took effect on July 1, drawing both praise and criticism from the diamond and jewelry
AWDC: “Antwerp Traders Face Random Compliance Probes”
Belgian inspectors are checking diamond companies’ offices at random, the latest in a series of inspections to prevent money laundering, the Antwerp