The
following is the full text of the joint resolution accepted unanimously by the
general assemblies of the World Federation of Diamond Bourses (WFDB) and the
International Diamond Manufacturers Association (IDMA), on October 29, 2002, at
the World Diamond Congress in London.
The
WORLD FEDERATION OF DIAMOND BOURSES and the INTERNATIONAL DIAMOND MANUFACTURERS
ASSOCIATION, recognizing that the trade in conflict diamonds is a matter of
serious international concern being addressed by governments, industry and civil
society in the Kimberley Process, and mindful of the unacceptable suffering of
innocent people, unanimously adopted the following resolution at their joint
meeting in London on the 29th October, 2002:
(A)
To meet the challenge of preventing the trade of conflict diamonds, both
organizations, and their constituent and affiliated members, hereby create the
following voluntary system of industry self-regulation in order to comply and
support government undertakings of the Kimberley Process.
(B) Each member
organization undertakes to require its members to:
SYSTEM OF WARRANTIES:
(i.)
Make the following affirmative statement on all invoices for the sale of rough
diamonds, polished diamonds and jewelry containing diamonds. "The diamonds
herein invoiced have been purchased from legitimate sources not involved in
funding conflict and in compliance with United Nations resolutions. The seller
hereby guarantees that these diamonds are conflict free, based on personal
knowledge and/or written guarantees provided by the supplier of these
diamonds."
CODE OF CONDUCT:
(ii.) Not to buy any diamonds from firms that do not include the above statement on their invoices.
(iii.) Not to buy any diamonds from suspect or unknown sources of supply and/or that originate in countries that have not implemented the Kimberley Process International Certification Scheme.
(iv.) Not to buy diamonds from any source that after a legally binding due process system has been found to have violated government regulations restricting the trade in conflict diamonds.
(v.) Not to buy diamonds in or from any region that is subject to an advisory by a governmental authority that conflict diamonds are emanating from or are available for sale in such region unless such diamonds have been exported from such region in compliance with Kimberley Process requirements.
(vi.) Not to knowingly buy or sell or assist others to buy or sell conflict diamonds.
(vii.)
Assure that all company employees that buy or sell diamonds within the diamond
trade are well informed regarding trade resolutions and government regulations
restricting the trade in conflict diamonds.
(C)
Each member organization shall expel and publicize the expulsion of any members
that, after a due process investigation by the member's trade organization has
been found to be in violation of the above resolutions.
(D)
In coordination with and upon the advice of governmental authorities each member
organization shall publicize within the diamond trade
(i.) All government regulations governing the flow of conflict diamonds and all advisories from governments regarding the trade of conflict diamonds.
(ii.) The names of firms and/or individuals that after legally binding due process have been found to be guilty of violating Kimberley Process requirements (including government regulations) applicable to the trade in conflict diamonds.
(iii.)
The names of all regions and locations that governmental authorities advise that
conflict diamonds are emanating from or available for sale.
(E) Each member organization shall assist and provide technical support regarding, government regulations and trade resolutions restricting the trade in conflict diamonds to all legitimate parties in need of such information or expertise.