Compliance

To emphasize the importance of compliance in the diamond sector AWDC has included compliance in its ‘Master plan 2020’ as the ‘5th C’ of diamonds, alongside Cut, Colour, Clarity and Carat.

Thanks to AWDC’s focus on compliance, we achieved the following important breakthroughs, which will be elaborated on in this chapter:

1. Standard Client Acceptance policy for the diamond sector
2. Risk analysis of the diamond sector
3. Foundation of AWDC AML & Compliance Helpdesk
4. ‘Doing Business in Antwerp’ manual