The London Victorian Ring Company requires written warranties from all our diamond suppliers stating that the diamonds have been purchased from legitimate sources and have not been involved in the funding of conflict.
We only trade with diamond suppliers who belong to the World Federation of Diamond Bourses. The London Victorian Ring Company is a member of The London Diamond Bourse, part of the World Federation of Diamond Bourses. This organization helps to implement the Kimberly Process to ensure that conflict diamonds do not enter the legitimate diamond market.
Our invoices for diamond jewellery carry the following guarantee:
The diamonds herein invoiced have been purchased from legitimate sources not involved in funding conflict and in compliance with United Nations resolutions. The seller hereby guarantees that these diamonds are conflict free, based on personal knowledge and/or written guarantees provided by the supplier of these diamonds.
What are Conflict Diamonds?
The United Nations defines conflict diamonds as "diamonds that originate from areas controlled by forces or factions opposed to legitimate and internationally recognized governments, and are used to fund military action in opposition to those governments, or in contravention of the decisions of the Security Council."
What is being done?
World Diamond Council
The World Federation of Diamond Bourses and the International Diamond Manufacturers Association passed a resolution at their Antwerp meeting in July 2000, creating the World Diamond Council.
The resolution called for the newly formed WDC to include representation from the diamond industry itself and also from among countries where diamonds play a major economic role and from the international banking sector. The ultimate mandate for the World Diamond Council is the development, implementation and oversight of a tracking system for the export and import of rough diamonds to prevent the exploitation of diamonds for illicit purposes such as war and inhumane acts. Human rights activists refer to diamonds exploited in this way as blood diamonds or conflict diamonds.
Under the Kimberley Process, diamond shipments can only be exported and imported within co-participant countries in the Kimberley Process. Only certified shipments of rough diamonds are permitted to enter or leave a participant's country. Trade between participants and non-participants is not allowed.
Diamonds are monitored from mining through to retail in order to prevent diamonds from areas of conflict entering into the legitimate diamond supply chain. These monitoring processes are called the Kimberley Process.
We are members of both the British Jewellers' Association and the London Diamond Bourse.