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World Federation of Diamond Bourses
This organisation, as its self-explanatory name implies, is the umbrella organisation linking all recognised diamond bourese worldwide. As at September 2005, it currently has 25 members listed on itw website.
The function of the WFDB is as diverse as the members who belong
to it. Ethics,
good business practice and morality are paramount and these are protected vigorously
by
the Constitution of the WFDB which provides for Arbitration and Disciplinary
procedures
against any bourse member who transgresses the code.
The purpose of the WFDB is to promote understanding and closer
co-operation between
peoples all over the world who earn their livelihood in the diamond and precious
stones trade.
Furthermore, it is the aim of the WFDB to encourage the establishment of bourses
with a view
to eventual affiliation.
The World Diamond Council, which is the body set up by the World
Federation, works hand in
hand with over 35 Governments, the European Union and the United Nations to
rid the Industry
of the scourge of conflict diamonds.
This website will enable you to gain an insight into the WFDB
and provide up to date information
on the diamond and precious stone trade. You can also view through this website
the members
who are in good standing with their diamond bourses, the Directors of each
bourse,
the contact numbers and addresses and the dates on which each bourse closes
for holidays.
Each bourse administers its own list of members in good standing, Directors
and holidays,
thereby providing current information to anybody seeking it.
CHARTER
Members of the Bourses affiliated to the World Federation of Diamond Bourses pledge themselves to uphold the traditions, principles of mutual trust, consideration and friendship which prevail among the members of the bourses world-wide.
They pledge themselves to abide by and hand down these principles
and to ensure that they will forever serve as a basis in business
relations between members of the affiliated bourses world-wide.
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