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In all fairness, what about the WFDB Mark?

June 27, 2011: I had the distinct pleasure of attending the 2011 Antwerp Diamond Conference in late May. It was an excellently organized and informative event, and a great deal of praise is due to the organizer, the Antwerp World Diamond Centre (AWDC), and in particular AWDC President Nikhil Parikh, AWDC CEO Ari Epstein and their staff. It was, in my opinion, one of the best international diamond conferences Antwerp has ever organized. As someone who was raised in this beautiful city, I was filled with pride.


WFDB President Avi Paz sends condolences to people of Japan and Tokyo Diamond Exchange following earthquakes and tsunami

March 14, 2011: World Federation of Diamond Bourses (WFDB) President Avi Paz has sent his condolences to the people of Japan and the Japanese diamond community following the disaster caused by the country’s largest-ever earthquake and tsunami on Friday.


WFDB Congratulates Moshe Mosbacher after his re-election as president of the Diamond Dealers Club of New York

February 17, 2011: Following the re-election of Moshe Mosbacher as president of the Diamond Dealers Club of New York earlier this week, WFDB Avi Paz sent Mosbacher, heartfelt congratulations on behalf of the WFDB Executive Committee.

"We congratulate our colleague Moshe Mosbacher and wish him lots of success in leading the DDC in these turbulent times.  We believe that with Moshe at the helm of the United States' largest diamond exchange, we can expect the DDC to go from strength to strength and also welcome his continued contribution to the WFDB's activities and responsibilities," Paz stated.


India’s consumers move toward gem-set jewellery

November 11, 2010: While the diamond trade was busy following the proceedings at the Kimberley Process Plenary Meeting in Jerusalem in the first week of November, it was easy to overlook the fact that we are rapidly approaching the start of the 2010 holiday season during which a very significant segment of diamond jewellery sales are made in the world's major consumer centres. But, we also need to remember that the success of the global diamond business is now measured not only through the sales achieved in the western markets, but also by the ever-stronger consumer markets in the Far East and Asia.


"WFDB has ability to enforce KP"

July 15, 2010: The Kimberly process Certification Scheme is vital and important for our industry's future and growth. We should all take all the necessary actions in order to strengthen it and to make sure it continues being strong, fair and effective. We, the WFDB play an exemplary role in advancing complete transparency in the rough diamond supply pipeline. As I have said before - there is no other industry in the world that has taken regulatory measures upon itself similar to that of the KP.


The 34th World Diamond Congress

July 5, 2010: As you all know, the 34th World Diamond Congress is just a week away and I hope to welcome presidents, vice presidents and delegates of each and every bourse affiliated to the World Federation of Diamond Bourses (WFDB) to Moscow, Russia, from July 11-13, to attend yet another of our traditional, biennial congresses.


Working as part of the FATF Consultative Forum

JUNE 28, 2010: The Financial Action Task Force (FATF) is an inter-governmental body whose purpose is the development and promotion of policies, both at national and international levels, to combat money laundering and terrorist financing.


No false alarm

MARCH 26, 2010: A recent survey published by MVI Marketing Ltd.’s consumer research division, the Jewelry Consumer Opinion Council (JCOC) focused on what alternative products consumers would consider to buy instead of natural diamonds, or what MVI defined as “mined diamonds,” opposite “created diamonds,” i.e. synthetic diamonds that are produced in a factory. Supported by a solid set of statistics, the report explained that since “consumers are becoming more aware of the challenges faced in the mining of diamonds, it is only natural for the consumer to consider man-made alternatives if their concerns about those challenges grow.”