Edward Asscher named President of the World Diamond Council

JUNE 8, 2020

Mr. Asscher currently is also Vice President of the European Council of Diamond Manufacturers, and is a past President of both IDMA and the International Diamond Council (IDC), a diamond standards-setting organization affiliated to IDMA and the World Federation of Diamond Bourses (WFDB).

In public life Mr. Asscher has also served in functions outside of the diamond industry. A past President of the Liberal Party in Amsterdam, he was elected Senator for this party in the Dutch parliament, serving in the upper house from 2007 to 2011.

En mémoire de Didier Giard

Didier lors des 18ème Rendez-Vous Gemmologiques en septembre 2019.
Crédit photo: Association Française de Gemmologie.

MAI 7, 2020

Notre industrie a perdu bien trop tôt une de ses gemmes les plus précieuses. Didier Giard était un homme qui réussit à personnifier le meilleur de ce que notre communauté de la joaillerie et des pierres précieuses aspire à trouver en chacun: un sens de l’Histoire et de la tradition, une poursuite incessante du savoir et de la compréhension, une appréciation de l’égalité et de la responsabilité et un engagement envers le service public.

Et bien que sa réputation le précédât, je n’ai rencontré Didier pour la première fois qu’en avril 2019 à Paris, à l’occasion du Forum sur les Chaines d’Approvisionnement de l’OCDE. Il m’a approcha à la fin de l’une des sessions et m’invita à participer à la prochaine conférence annuelle de l’Association Française de Gemmologie dont il était le président.

De toute évidence, c’est un homme passionné qui se tenait devant moi. Complimentant le WDC pour son travail et son engagement, il me dit à quel point il était important pour lui que je vienne partager notre expérience avec les membres de l’industrie française, et en particulier avec les maisons de haute joaillerie et les joailliers indépendants. En m’expliquant le programme qu’il avait en tête pour cet évènement, Didier me fascina par sa vision d’ensemble et à la fois très précise des dynamiques actuelles du monde politico-économique.  Il était convaincu que la valeur d’une pierre précieuse ne tenait pas seulement à ses caractéristiques physiques mais aussi à son pouvoir en tant que vecteur de développement économique et social pour les pays qui la produise.

Didier était un homme doté d’une vision du monde au sens large du terme. La géopolitique était sans aucun doute un sujet qui le fascinait, et il admirait notamment le Kimberley Process qui, selon lui, était unique en son genre car ayant réussi l’impossible : rassembler autour d’un objectif commun les plus grands acteurs du monde développé ainsi que ceux en voie de développement.

En apprenant à mieux le connaitre, j’ai eu la chance d’être non seulement témoin de sa curiosité et de son esprit acéré, mais aussi de sa générosité. Récemment, Didier m’avait invité à participer à une séance de l'Académie des Sciences d'Outre-Mer, une autre organisation dont il était membre. Le thème couvrait un sujet qui lui était cher : « Gemmes, Joaillerie et Mondialisation : les mutations en cours ».

Pour Didier, le monde des pierres précieuses n’avait que peu de secrets, mais recelait selon lui une beauté infinie. C’était un hôte hors pair, prêt à tout pour nous distraire, comme ce fameux soir où lors d’un diner dans un restaurant parisien, il s’est levé pour nous faire chanter avec lui “Emmenez-moi” de Charles Aznavour que le pianiste venait d’entamer…

Malheureusement, il n’y aura plus de diners parisiens avec cet enfant de Montmartre, mais le souvenir de cet homme brillant et empli de compassion restera à jamais gravé dans nos mémoires

Stephane Fischler
President, World Diamond Council (WDC)

WDC Executive Director visits Sierra Leone to strongly endorse
regional approach of Mano River Union in support of KPCS

MARCH 2, 2020

Elodie Daguzan, Executive Director of the World Diamond Council (WDC), has expressed the WDC’s strong endorsement for the regional approach by the Mano River Union (MRU) to reinforce the effectiveness of the Kimberley Process Certification Scheme (KPSC), declaring that it will assist artisanal diamond miners gain better access to the legitimate diamond supply chain, while receiving fair value for their work.

Ms. Daguzan was addressing a meeting of the MRU in Freetown, Sierra Leone, held February 25-27, 2020. It focused on a program designed to enhance the implementation of the KPCS and includes capacity-building measures for the artisanal and small-scale mining sector, as well as addressing the prevention of smuggling of precious minerals and gemstones within and from the region.

The three-day workshop was called to design national and regional action plans to formalize artisanal and small-scale mining, with the goal of helping drive revenue back to the mining communities. The project is being implemented by the governments of the MRU—Sierra Leone, Côte d’Ivoire, Liberia and Guinea – with the support of Deutsche Zusammenarbeit (GIZ) and funding from the European Union and the German Federal Ministry for Economic Cooperation and Development.

“In terms of volume, artisanal and small-scale miners account for about 15 percent of rough diamond production, but they comprise more than 96 percent of the individuals who earn their living from diamond mining,” stated Ms. Daguzan. “Regional initiatives that are designed to enhance the implementation of the KPCS should focus on allowing these communities to optimize the benefits they receive from their hard work, and their countries realizing the full potential of their natural resources. These include preventing the smuggling of goods across borders, better transparency and enhanced methods for monitoring the extraction and movement of diamonds, and improvements in the capacity to properly evaluate mineral output.”

“All of these are addressed in the MRU regional program,” she added.

The WDC Executive Director said that cooperative initiatives like the MRU’s regional program creates synergies that enhance the value of natural diamonds from the perspectives of both the mining communities and jewelry consumers.

“Just as rough diamond-producing countries contend that their nations should derive full benefit from their own natural resources, young consumers today demand that the products they buy must have social as well as monetary value,” she stated. “The natural diamond’s capacity to contribute to the long-term wellbeing of people and communities in the producing countries should be considered an integral component of our product’s value proposition, for it also addresses the consumer’s aspiration for social significance. It should enhance the value of the jewelry in which diamonds are set, as well as the revenues that flow back to the producing countries, thus generating higher income for each of your individual nations.”

In her address to the gathering, Ms. Daguzan highlighted grass-roots capacity building projects that have been undertaken by WDC members in countries of the MRU. These include De Beers’ GemFair project in the Kono region of Sierra Leone, and the “My Fair Diamond” project of the Antwerp World Diamond Centre (AWDC), which was first launched in the Koidu region of eastern Sierra Leone and is now being expanded to the Banankoro region of Guinea.

Grass-roots projects carried out by industry, supported by regional programs like that of the MRU, will create the synergies “that optimize the artisanally-produced diamond’s potential as an economic and social force,” the WDC Executive Director said.

Ms. Daguzan also outlined the WDC’s new System of Warranties, which incorporates critical elements of responsible corporate practices to ensure the good provenance of diamonds flowing through the chain of distribution, thus complementing current KP standards.

To download the WDC Executive Director’s address to the MRU meeting on February 25, 2020, please CLICK HERE.

WDC invites industry stakeholders to review
new System of Warranties Toolkit

JANUARY 31, 2020

The World Diamond Council (WDC) is encouraging stakeholders to review the WDC System of Warranties (SoW) Toolkit. This follows its unanimous adoption as a working draft by the WDC Board of Directors and its review by WDC members.

The SoW Toolkit, which once released will be made available online at no cost to the industry, is designed to assist members of the diamond trade comply with the revised WDC SoW that was approved in 2018 and is scheduled to be phased in over a five-year period.

Stakeholder who wish to review the toolkit can download a copy from THIS LINK. Comments should be submitted to the WDC no later than March 31, 2020.

First introduced in 2002, the SoW as an industry self-regulation system that requires buyers and sellers of diamonds to pass on a warranty statement on B2B invoices and memos each time stones changes hands, assuring the next buyer that they originated from sources in compliance with the Kimberley Process Certification Scheme (KPCS). Unlike the KPCS, which only covers the trade in rough diamonds, the SoW also applies to the trade in polished diamonds and jewelry set with diamonds. Additionally, it must be applied each time a diamond changes hands, in contrast to the KPCS, where certificates are issued only when rough diamonds are exported from one country or region to another.

The revised system is based on new SoW Guidelines, which were approved in 2018 and reference the following universally recognized documents:

• Kimberley Process Certification Scheme (KPCS) Minimum Requirements and Recommendations on industry self-regulation issues;
• UN Guiding Principles on Business and Human Rights;
• UN Convention Against Corruption;
• FAFT 40 Recommendations on Money Laundering for Dealers in Precious Metals and Stones; and
• ILO Declaration on Fundamental Principles and Rights at Work.

The SoW Toolkit being reviewed is self-assessment questionnaire, where the questions that need to be answered depend upon the business model of the respondent and number of employees at work in the firm. This flexibility will ensure that respondents need to react to questions that are relevant to their businesses. The SoW self-assessment must be completed by every company that includes the revised SoW statement on their invoices, and it will need to be done annually.

Respondents will need to fill out several or all of following sections:

Section 1: KPCS Section, for companies who deal (i.e. buy or sell) rough diamonds;

Section 2: SoW Section, for all companies;

Section 3: Compliance Section, for all companies, although firms with more than 100 employees will be required to respond to more questions than their smaller counterparts; and

Section 4: Companies who source rough from artisanal mining operations.

“The stakeholder review is the final stage in the rollout of the new SoW Toolkit, and is a most critical one,” explained WDC President Stephane Fischler. “Our goal is to strengthen the System of Warranties, and in so doing reinforce the integrity of the diamond distribution chain. For this we are seeking the perspective of a range of experts. I call our colleagues to contribute.”

World Diamond Council proudly announces appointment
of Elodie Daguzan as its new Executive Director

JANUARY 28, 2020

Elodie Daguzan is to become the new Executive Director of the World Diamond Council (WDC), following the approval of her appointment by the organization’s Board of Directors. She will officially assume duties on February 1, 2020.

A French native, Ms. Daguzan is a 19-year veteran of the diamond industry, having filled a variety of roles in various sectors of the value chain. Over this period, she held positions at several of the most prestigious high-end jewelry brands, and for the past eight years has been Head of Communications and Industry Relations at Rubel & Ménasché, a Paris-based diamond trading company. There she was charged with educating the company’s clients about industry supply-chain developments, from mine to retail. Starting in 2017, Ms. Daguzan has represented the company in the WDC, serving as an active member of the Kimberley Process Task Force, and also of the Communications, Membership and Strategic Planning committees.

A graduate of the Paris-Sorbonne, from which she received a degree in archeology in 2000, Ms. Daguzan is additionally a certified gemologist, having studied at the National Institute of Gemology in Paris and the Gemological Institute of America (GIA) in New York, from which she was awarded a Graduate Diamonds Diploma in 2004.

“We are delighted and most fortunate to have Elodie join us as Executive Director,” said WDC President Stephane Fischler. “She comes to the position with an innate understanding of the diamond industry and of the critical role played by the World Diamond Council. She also has the advantage of having represented the WDC in Kimberley Process Intersessionals and Plenaries around the world. We are confident that, through the contributions in her new role, the WDC will be even further strengthened.”

“I am honored to join the staff of the WDC, and to be provided the opportunity of helping lead this uniquely positioned organization as it represents industry within the KP into the future,” said Ms. Daguzan. “These are particularly challenging times for the KP and the WDC, as it continually strives to ensure consumer confidence in diamonds, and meet the expectations of today’s customers.”

Ms. Daguzan takes over as WDC Executive Director from Marie-Chantal Kaninda, who stepped down from the position toward the end of 2019 for a new opportunity in the Democratic Republic of Congo. The WDC thanks Ms. Kaninda for her extraordinary service to the industry and the KP.

DECEMBER 2, 2019

The Kimberley Process (KP) Plenary Meeting was held in New Delhi, India, on November 18 to 22, 2019. This notice addresses the implications of the agreement at the gathering by KP member countries to restructure the Operational Framework System created for the Central African Republic (CAR), while maintaining the current strict monitoring of exports. This is a provisional modification that is valid for one year. Its effectiveness will be assessed by Kimberley Process during 2020.

The declared objective of the restructuring of the Operational Framework System is to encourage the increase of legal exports from CAR, by improving the efficiency of the Operational Framework System.

Under the terms of the revised Operational Framework System, the CAR government will be allowed to issue KP certificates to rough diamond shipments at will, for goods being sourced in the eight currently approved green zones. This is in contrast to what has been done to date, where KP certificates could only be issued after obtaining approval from the CAR Monitoring Team (CAR MT) prior to each export.

The CAR MT will continue to monitor all legal exports from the country. The CAR Government, which is responsible for securing the local supply chain, including buying houses and cooperatives, remains obliged to provide comprehensive information about rough diamond exports under its purview on a monthly basis. The CAR MT will cross-check copies of all KP export certificates received from the CAR government against the confirmations of imports of the corresponding shipments, which will be supplied by the authorities in the importing countries/trading centers.

It is important to note that the new Operational Framework System shifts some of the burden of verifying the provenance of the goods to the trading centers. While it is government-sanctioned authorities that will be responsible for supplying confirmations of imports of rough diamonds from the CAR, members of the trade are urged to practice enhanced vigilance when handling rough diamonds believed to have originated from the country. This should be done by ensuring that import shipments from CAR only include goods that have been sourced from the approved green zones, and always are accompanied by a duly authorized CAR Government KP certificate. Importers seeking to ensure transparency are encouraged by the KP to provide the CAR MT with confirmation of shipments of diamonds imported from the country.

Please note that a recent UN report provided the identities of foreign diamond traders suspected of operating illegally in CAR. Their names have been forwarded to local law enforcement authorities for further investigation.

Any additional questions about CAR diamond shipments should be directed to the KP Focal Point in the country where the diamond industry member operates.

FOR FURTHER INFORMATION, PLEASE CONTACT:
Udi Sheintal, WDC Secretary and CAR MT Representative
secretary@worlddiamondcouncil.org