Legislation

What does the offshore hallmark mean for the jewellery industry?

“We were extremely happy when the British Hallmarking Council (BHC) finally, after a great deal of pushing and shoving from all sides, agreed that jewellery pieces hallmarked overseas should have a different mark to the ones we strike domestically,” says John Langford, director of Braybrook and Britten, triumphantly. For many…

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Mystery surrounds ownership of 57,227 UK companies

Around 57,227 British companies are still not complying with new measures brought in to counter fraud and money laundering, according to big data and anti-money laundering (AML) firm Fortytwo Data. The businesses are not yet compliant with new regulations which states they must declare those people with significant control (PSCs)…

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Industry figures comment on overseas hallmark outcome

Leading figures in the industry have commented on the outcome of the British Hallmarking Council’s consultation on overseas hallmarking styles. The Council decided in principle that hallmarks struck overseas by UK assay offices should be distinguished by way of a special mark. Discussions are now taking place with assay offices…

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RJC meets with jewellery experts to discuss future of responsible practices

The Responsible Jewellery Council (RJC) hosted an industry panel discussion at the 35th Hong Kong International Jewellery Show. Moderated by Edward Johnson, RJC’s newly appointed director of business development, the discussion focused on the commercial case for responsible business practices in the jewellery industry. Jewellery industry experts, Ken Lo and…

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Jewellers’ customer data at risk from new EU legislation

Customer engagement specialists, Redblok, have warned that many business owners are unaware of new EU data protection legislation that will impact how businesses in the jewellery and luxury goods sectors can collect, retain and process their customers’ data. The General Data Protection Regulations (GDPR) will come into force on 25…

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CIBJO releases report considering impact of new EU regulations on jewellery trade

The World Jewellery Confederation (CIBJO) has released a report analysing the global impact of the new European Union (EU) mineral conflict legislation on the jewellery trade. The new legislation, passed in April, is designed to eliminate the import of gold, tin, tantalum and tungsten that has been used to finance…

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Vincenzaoro to host seminar on impact of new EU regulation on jewellery trade

The World Jewellery Confederation (CIBJO) and the Italian Exhibition Group, will present a seminar on the EU’s new regulation on conflict minerals at this year’s Vincenzaoro show. The new legislation is expected to impact the operating procedures of both jewellery companies in the European Union and those supply them from…

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H Moser & Cie creates £880,000 watch made from cheese

H Moser & Cie has created a new watch made from Swiss cheese in opposition to new rules governing the label ‘Swiss-Made’. The ‘Swiss Mad Watch’ – which the company describes as “symbolic, irreverent, and 100% Swiss” – has been created as a satirical comment to the revised legislation that…

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UK jewellers consider legal challenge to BAO over Indian hallmarking

A group of jewellers and silversmiths in the UK are considering a legal challenge to the Birmingham Assay Office over its practice of using UK hallmarking overseas. The news comes after the Birmingham and Sheffield Assay Offices’ marks have been approved by the British Hallmarking Council for use in their…

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UK Jewellers launch parliamentary petition to restrict offshore UK hallmarks

A group of UK silversmiths and jewellers have launched a campaign to restrict the use of distinctive traditional UK hallmarks, including city marks, to items hallmarked in the UK. For over 700 years UK hallmarks have only been struck in the UK, but the campaign said that there is now…

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