WDC stepping up campaign to promote adoption of revised System of Warranties

February 21, 2023, marked 16 months since the official launch of the World Diamond Council’s revised System of Warranties (SoW), in 2021 on the 40th anniversary of the establishment by the United Nations of the International Day of Peace.

Capping out an unusually challenging year, both unprecedented and unanticipated

What left its indelible mark on 2022 was the war in Ukraine, which had begun on February 24, when coincidentally the leadership of the WDC was gathered together in Dubai, where the Board of Directors had met just three days earlier.

WDC President addresses WDFB-IDMA Presidents’ Meeting in Dubai

Edward Asscher, President of the World Diamond Council, addressed the Presidents’ Meeting of the World Federation of the Diamond Bourses (WDDB) and the International Diamond Manufacturers Association (IDMA) at the Dubai Multi-Commodities Center (DMCC) in Dubai on February 24, 2022.

WDC President interviewed by the Rapaport news service during the Dubai Diamond Conference

Vinod Kuriyan of the Rapaport news service, interviews Edward Asscher, President of the World Diamond Council, during the Dubai Diamond Conference on February 23, 2022.

Meet Edward Asscher, WDC President, a webinar by WFDB’s Young Diamantaires

The Young Diamantaires of the World Federation of Diamond Bourses (WFDB) hosted WDC President Edward Asscher on January 20, 2022, during a webinar on January 20, 2022, entitled “A lifetime of commitment to the diamond industry.”

WDC Executive Director presents the System of Warranties at a Dubai Diamond Exchange webinar

Elodie Daguzan, Executive Director of the World Diamond Council, presented the WDC’s upgraded System of Warranties, during a webinar organized by Dubai Diamond Exchange (DDE) at the Dubai Multi-Commodities Center (DMCC), on January 18, 2022.

WDC’s Executive Director explains the upgraded System of Warranties, hosted by Belgium’s AWDC

WDC’s Executive Director, Elodie Daguzan, was hosted by the Antwerp World Diamond Council (AWDC) on November 16, 2021, delivering a presentation on the new System of Warranties for members of the Belgian diamond industry.

A call to action: WDC President urges industry to adopt the upgraded System of Warranties today

Since the start of the Kimberley Process, members of the diamond trade have been adding a declaration to their sales documents, each time a transaction is finalized along the entire supply chain, from mine to retail. It’s become a customary act in our industry, but a massively important one, for it verifies to the next participant in the supply chain that the diamonds involved are compliant with the Kimberley Process Certification Scheme (KPCS), and thus can be considered “conflict free” according to KP doctrine.

Diamond industry leaders greet the launch of the WDC’s upgraded System of Warranties

Industry leaders from across the diamond value chain greet the launch, on September 21, 2021, the United Nation’s International Day of Peace, of the World Diamond Council’s upgraded System of Warranties.

WDC marks UN’s International Day of Peace with public launch of upgraded System of Warranties

The World Diamond Council (WDC) has marked the 40th anniversary of the establishment by the United Nations of the International Day of Peace with the official public launch of its upgraded System of Warranties (SoW).