Our industry is facing a serious crisis with regards to the non-disclosure of synthetic diamonds by certain unscrupulous persons in our trade.
It is a crisis that if it is not halted could lead to loss of confidence in our product bringing with it serious consequences for our industry.
Given the above we all have a collective role and duty to play in protecting our industry.
To this end the World Federation of Diamond Bourses has instructed its Presidents of the Bourses around the world what to do, compiled a statement that is to be incorporated on every invoice/memo and adopted a zero tolerance stance.
We, the World Federation of Diamond Bourses, in conjunction with your laboratory need to collaborate in combating this scourge, each party cannot act alone if we wish to eradicate the problem.
I therefore ask you to please inform us when stones are submitted for the certification without disclosure.
The time has come for us to act and stand together to make sure that consumer confidence and our businesses will be protected at all costs.