A shield for when memo customers go bankrupt
A diamond supplier who regularly conducted business "on memo" with a valued customer lost the diamonds and any chance of recovering their value after a trusted client filed for bankruptcy. In this...
JVC goes 'green' with new compliance kit
New York—The Jewelers Vigilance Committee (JVC) is the latest industry organization to go "green," releasing an eco-friendly Green USA Patriot Act Compliance Kit, or Green Pack.
An earrings ad crosses FTC's legal line
The Jewelers Vigilance Committee (JVC) recently received an inquiry on an earrings advertisement that appeared in a local newspaper.
FinCEN issues new guidance for jewelry dealers
New York—The U.S. Financial Crimes Enforcement Network (FinCEN) has issued new guidance for the jewelry industry clarifying the risk assessment to be performed by dealers of precious metals,...
JVC helps consumers navigate diamond distinctions
New York—The Jewelers Vigilance Committee (JVC) has developed a new consumer brochure to help shoppers understand the difference between natural diamonds, laboratory-created diamonds and...
JVC to hold legal-compliance seminars in March
New York—The Jewelers Vigilance Committee's (JVC) educational seminar on legal regulations regarding how jewelers do business will hit Massachusetts, Rhode Island, Pennsylvania and New York...
JVC to offer free seminars at JA New York
New York—The Jewelers Vigilance Committee (JVC) will present two free seminars at the upcoming JA New York Winter Show, one focusing on anti-money laundering, and the other on compliance in...
JVC announces new board, irradiated-gemstone seminar
New York—More than 150 jewelry industry leaders gathered at the Waldorf-Astoria in New York City on Jan. 11 to welcome the Jewelers Vigilance Committee's (JVC) newly elected board.
JVC names new Assistant General Counsel
New York—The Jewelers Vigilance Committee (JVC) has named Suzan Radin Flamm as assistant general counsel.
JVC further advises in claims process
New York—The Jewelers Vigilance Committee (JVC) is advising resellers that they can submit claims for compensation in the De Beers Indirect Purchaser/Reseller class-action settlement for...
JVC posts link to De Beers settlement claim form
New York—The Jewelers Vigilance Committee (JVC) has posted a link on its Web site to the De Beers Indirect Purchaser/Reseller class-action lawsuit claim form, and is also providing online...
JVC legal seminars head to Seattle, San Francisco
New York—The Jewelers Vigilance Committee (JVC) will present its "Legal Compliance is NOT Optional" educational seminar series in Seattle on Oct. 10 and in San Francisco on Oct. 11.
JVC to take part in international AML conference
New York—Cecilia Gardner, president, chief executive officer and general counsel for the Jewelers Vigilance Committee (JVC), will participate in an international anti-money-laundering (AML)...
De Beers class action settlement expected in October
New York—Class members, including retailers, may soon be entitled to receive a portion of the approximately $290 million fund established by De Beers in recently settled class action lawsuits.
JVC, JBT present AML seminar
New York—The Jewelers Vigilance Committee (JVC) and the Jewelers Board of Trade (JBT) presented "Industry/Government—Your Anti-Money Laundering Obligations" to manufactures and retailers...
Industry task force, NRC to discuss irradiated gemstones
New York—The Jewelers Vigilance Committee (JVC) will lead a delegation of industry representatives to meet with officials from the Nuclear Regulatory Commission (NRC) on July 26 to discuss the...
JVC sets consumers straight on 'wholesale' claims
New York—Jewelers have long complained of ads in which their competitors offer "wholesale" prices to the public, and the Jewelers Vigilance Committee (JVC) has responded by educating the...
Seminar to address Patriot Act compliance
New York—The Jewelers Vigilance Committee (JVC) and the Jewelers Board of Trade (JBT) will host a new seminar to inform jewelers of what they can expect when the Internal Revenue Service (IRS)...
JVC to debut legal-compliance DVD series
New York—The Jewelers Vigilance Committee (JVC) is set to launch a DVD series on legal compliance and anti-money-laundering as it pertains to the manufacture, marketing and sale of fine...
JVC legal-compliance series kicks off in Dallas
New York—The Jewelers Vigilance Committee (JVC) hosted the first in its 2007 "Legal Compliance is NOT Optional" educational seminar series to a capacity crowd in Dallas on March 11, according...