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JVC, JM develop legal-compliance tutorial

October 23, 2008

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New York—The Jewelers Vigilance Committee (JVC) and Jewelers Mutual Insurance Co. have developed a tutorial program that provides legal-compliance information to Jewelers Mutual policyholders and their agents.

The program, which debuted on JM University's Web site, JMUniversity.com, on Oct. 21, was developed to share important legal-compliance information and enhance jewelers' understanding of legal obligations pertaining to their businesses.

Specific topics covered in the tutorial include: anti-money-laundering regulations regarding the jewelry industry, legal-compliance criteria for jewelry Web sites and what retailers need to know about completing and submitting form 8300 to the IRS.

"The JVC and Jewelers Mutual stand together to educate the jewelry industry about legal-compliance issues affecting their businesses," JVC's President, Chief Executive Officer and General Counsel Cecilia Gardner said in a media release. "The JVC and Jewelers Mutual share a long and productive relationship to protect the jewelry industry from risk and now have developed a comprehensive program that provides information vital to jewelers' businesses and reputations."

For more information about JVC products and services, visit its Web site, JVCLegal.org. To learn more about Jewelers Mutual, visit its Web site, JewelersMutual.com.
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