Europa Star - CIJ Women’s Watches & Jewels
Jewellery, Watches & Accessories

A publication
Spacer Spacer Spacer Spacer Spacer Spacer Spacer Spacer Spacer Spacer Spacer Spacer Spacer Spacer








IDE Launches Ethical Code of Conduct

IDE Launches Ethical Code of Conduct

21 April 2017

The Israel Diamond Exchange (IDE) has become the first diamond bourse to initiate an Ethical Code of Conduct. The code, which took over two years to complete, requires IDE members to conduct their business interactions according to the principles of accountability, trust, fairness, integrity, expertise, tradition, industriousness, mutual responsibility and respect for others.

The Ethical Code of Conduct was prepared in conjunction with Prof. Asa Kasher of Tel Aviv University, noted Israeli philosopher and the author of codes of conduct of several of Israel’s major institutions. The effort was initiated during the term of IDE President Shmuel Schnitzer, led by IDE Board Member Emma Yanover and Ethical Code Committee Chair Asher Dalumi, one of the industry’s longstanding members and founder of Dalumi Diamonds.

IDE President Yoram Dvash said, “The introduction of the Ethical Code of Conduct to the Israel diamond industry is an important step in our pursuit of transparency and best business practices. It is indeed a great day for the bourse.”

The Ethical Code of Conduct comes on the heels of IDE’s announcement earlier this month that it was appointing a district court judge to rule on large arbitration cases and appeals, in order to increase transparency and objectivity in the arbitration process.

The code requires IDE members to abide by a series of guidelines, which include to:

• Show respect in their business dealings for clients, colleagues, employees and suppliers, without regard to nationality, ethnicity, religion, color, gender or status.

• Comply with all legal regulations, to cooperate with government authorities and to endeavor to correct any illegal conduct that they encounter.

• Show mutual responsibility, providing immediate, respectful and significant aid to any member in need.

• Share responsibility for the proper functioning of the Israel diamond industry, to train and mentor new players and to guard the worldwide reputation of the industry.

• Commit to unqualified trust within the industry, to compete fairly and to refrain from spreading rumors or attacking other members on social media.

• Strive for excellence and professionalism in their business activities, to work together to develop and introduce new technologies into the industry.

IDI and AWDC to Host Second Online Diamond Trade Show - 9 September 2020
Fifth Israel Diamond Week in New York - 29 June 2016
Tzoffey’s 1818 - A plus size in pink in the rough - 8 April 2015
First Israel Diamond Pavilion at HK International Jewelry Manufacturers Show - 10 November 2014
Israel Publishes List of Top Polished Diamond Exporters - 28 January 2014
IDE - "U.S. Diamond Week" to be held from March 17 to 20, 2013 - 19 February 2013
IDI: The List of Top Polished Diamond Exporters - 22 January 2013
IDE elected a new president - 11 July 2011
The DTC Shining Light Awards Collection Comes to Israel - 21 June 2011
IDI Organizes First Israeli Diamond Pavilion at Hong Kong June - 9 June 2011
The IDI to have biggest presence ever at JCK Show Las Vegas 2011 - 17 May 2011
IDI Launched “Welcome to Israel” Marketing Campaign - 7 April 2011
The Israeli Diamond Industry Recovery Continues - 8 July 2010
IDI Launches Exhibition of Jewelry Design Competition Finalists - 5 October 2009 provides the global jewellery markets with the latest jewellery, haute joaillerie and luxury creations, all the news and decisive trends and colours in fashion. Europa Star - CIJ Women’s Watches & Jewels - the Trends & Colours magazine, is circulated worldwide to reach the top international retailers and end buyers of fine jewellery in more than 100 countries.
Back to Top
© 2020 CIJ International Jewellery TRENDS & COLOURS – Europa Star HBM, Geneva

About us      Advertiser's Corner      Free e-newsletter      Contact Us
Back Home