Page 12 - QATAR 2020

ENGAGEMENTS
TheResponsibleJewelrycouncil
Isanon-profitstandardssetingandcertificationorganisationfoundedin 205withtheaimetopromoteethical,socialandresponsiblepracticesina HumanRightrespectofthewholegoldanddiamondsuplychain,from minestoretail.Precigemsisproudtobepartofit.
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G e n e v a D ia m o n d E x c h a n g e
Isanon-profitasociationfoundedinSwisConfederation toadviseandinformitsMembersondiamonds.
IC A / K P
Precigemsisentirelycompliantwiththerulesofthediamondandcolored gemstoneindustry.WearedirectmembersoftheICA(InternationalColor Asociation),andindirectlyamember,throughourpartnerswiththeKP (Kimberley Proces), SoW (System ofWaranties),AML/CFT (Anti-MoneyLaunderingandCombatingtheFinancingofTerorism)and BPP(BestPracticePrinciples).Weonlybuyroughorcutcoloredprecious stonesfromsuplierswithwhomwehavehadalongpartnershipandwho
Wearecommitedtomanagingourbusinesfolowingtheprinciplesand thecodeofpracticesofthisorganisation.
veaveryfinereputationinthebusines.
tisaim ofthecounciltoensurethattradeisachievedinrespectofthe KimberleyProcesCertificationScheme.Thecouncilactsasthecentral pointofcommunicationtoensurecompliancewiththeregulatoryand voluntarysystemsinordertopreventthetradeofconflictdiamondsand commercewithcountriesembargoedbytheUnitedNations.
Theasociationpointsatregulatingtheafluxofsyntheticdiamondsintothe market.
Polyreg
OurCEODaviGalvaoismemberandcertifiedfromPolyreg, aself-regulatorybodyrecognisedbytheSwisFederalMoneyLaundering ControlAuthority.
Weexerciseourqualitycontrolonaregularbasistobecompliant beforehandwiththesesupliersontheminingsuplyofstones,inorderto ensurethatalthenewprocesesareconsistentwiththelegalprovisions curentlyinuseinthemarket.Themajorityofoursupliersaremembers ofrespectedpreciousstoneasociations,thusprovidingusaditional protection.Andtoensurethatweareawareofalthepotentialrisks,we secureoursupliesfrom roughdiamondproducerswithKimberley
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Regardingpreciousmetals,weonlybuyfromsuplierswhoareaproved bythePMC(OficialPreciousMetalsControl).Finaly,wehavea
"Craftsman'sMark",oficialyregisteredinBern,andalourprecious metalpieceshavethismarkstampedonthem.