Members of Jewelers of America can now purchase Jewelers Vigilance Committee’s comprehensive Patriot Act Compliance Kit at a discount.
JVC’s PACK is the industry standard for jewelry retailers and manufacturers required by the U.S. Patriot Act to develop anti–money laundering programs.
Retail jewelers who otherwise had no compliance obligations—but who now purchase $50,000 or more in scrap gold from the public—will also have to comply.
“Jewelers of America members will benefit by using JVC’s PACK in association with JA’s member guidance on anti-money laundering requirements. We thank JVC for offering its unparalleled legal expertise to our members at a discount,” said JA COO Robert B. Headley in a statement.
“JVC is delighted to offer JA members a discount on PACK,” said JVC president and CEO Cecilia Gardner in a statement. “We encourage JA members who are required to develop an AML program to take advantage of JVC’s discount and to contact me at firstname.lastname@example.org with questions they may have.”
To purchase the PACK, JA members should visit JVC’s website.