Belgian diamond bourses launch quality label

The Federation of Belgian Diamond Bourses is offering a quality label for diamond traders to promote a greater level of transparency in the diamond trading sector.

Each trader who is a member of one of the four Antwerp Diamond Bourses, subscribes to the Deontology Code (regulations concerning integrity and the behaviour code among the diamond traders themselves and in their relation to their clients), and complies with its conditions is eligible to hold the title of a diamond trader certified by the Federation of Belgian Diamond Bourses. The certified diamond traders will receive a letter of proof and they can use the logo of the Federation of Belgian Diamond Bourses as a quality label.

“By means of this quality label the sector also wants to take an additional step in the direction of having the diamond trade recognized as a profession,” the Federation of Belgian Diamond Bourses said in a statement. “Diamond traders certified by the Federation of Belgian Diamond Bourses stand for guaranteed quality and ethics. This recognition will provide confidence to other traders and clients.”

There are four diamond bourses in Belgium: The Antwerpse Diamantkring cvba, the Beurs voor Diamanthandel cvba, the Diamantclub van Antwerpen cvba and the Vrije Diamanthandel nv.