India moves to make diamond industry free of corruption and terrorism

Global industry stakeholders take note, decide to enlarge the scope of Kimberley certification

India has proposed that the global diamond industry always certify that what is sold is free from any link with corruption, money laundering or terrorism. Following this, global industry stakeholders have decided to enlarge the scope of the mandatory Kimberley Process Certification Scheme (KPCS) and System of Warranty (SoW).

The Kimberley Process (KP) is presently restricted to certifying that the products are not ‘conflict diamonds’, defined as rough diamonds that came via insurgency movements or their allies, to finance wars attempting to overthrow legitimate governments. As many as 81 countries (including 23 of the European Union) are members; all have