Category: Legal

US (Finally) Removes Origin Loophole for Russian Diamonds

Executive order bans imports irrespective of where manufacturing took place.

How EU Sanctions on Russian Diamonds May Work

What we know — and what we don’t — about the timeline, scale and provisos of the long-awaited ban.

Unique Designs Sues Signet over Product Recall

Wholesaler takes issue with retail giant’s handling of customer refunds.

EU to Propose Ban on Russian Diamonds Next Week – Report

G7 foreign ministers give support to European sanctions, according to Financial Times.

Rapaport Battles WDC over Russian-Diamond Proposal

Webinar addresses initiative for verifying source of goods.

Grib Is Among Latest Targets of US Sanctions

Company is Belgium-based subsidiary of Russia’s AGD Diamonds.

NY Diamond Dealers Charged with Moving Money Illegally

Five defendants used businesses as front to transfer more than $600 million since 2019, says US Department of Justice.

Video: Martin Rapaport Talks About Fraud in the Diamond Industry

Dealers must know what they are selling, says Rapaport chairman.

555ct. Diamond Bought with Illicit Funds, SEC Says

Hex token creator Richard Heart sold unregistered securities to raise $1 billion from investors, according to allegations.

JVC Appoints Head of Partnership and Sponsorship

Cathrine Wolden will oversee strategic alliances and trade collaborations.

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