World Federation of Diamond Bourses
The WFDB (World Federation of Diamond Bourses) is the global representative body for diamond exchanges, comprising member bourses and trading forums worldwide, including key participants in the UK market. It sets standards for trading ethics, certification, dispute resolution, and industry advocacyโshaping how diamonds are bought, sold, and regulated. JewelleryโฏFocus provides specialist coverage on WFDBโs influence within the UK trade: including its regulatory guidance, membership services, anti-money laundering initiatives, ethical sourcing frameworks, and dispute-settlement mechanisms. We highlight how WFDB policies affect UK retailers, wholesalers, and diamond dealers, offering insights on compliance, market access, and best practice in the international diamond trade.
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Jul- 2025 -23 JulyTrade Organisations
WFDB calls for united front to support natural diamonds
The World Federation of Diamond Bourses (WFDB) president Yoram Dvash has called for a united front in response to the growing market share of synthetic diamonds, which now account for more than 20% of global jewellery sales. According to the WFDB, the rapid growth of lab-grown diamonds is reshaping the…
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Jun- 2023 -7 JuneTrade Organisations
WFDB partners with and invests in Natural Diamond Council
The World Federation of Diamond Bourses (WFDB) has announced a new partnership with the Natural Diamond Council (NDC) to support the growth of the industry. The company has also made initial financial investment, the WFDB will work together with the NDC to identify ways in which the โvalues of natural…
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Jul- 2022 -21 JulyRetailers
Get-Diamonds launches virtual โtry-onโ tool
Get-Diamonds has launched an augmented reality (AR) tool, โVirtual Handโ, that enables users to virtually try-on a variety of diamond rings in different sizes, cuts, and settings, using computerised imaging. Virtual Hand is intended for use by retailers as a service for their customers, and the first stage of the…
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Mar- 2022 -25 MarchAppointments
WFDB appoints executive director of Get-Diamonds
The World Federation of Diamond Bourses (WFDB) has announced that Eyal Shirazy has been appointed executive director of Get-Diamonds, its global B2B trading platform for polished diamonds. Before entering the diamond industry, Shirazy held a number of management positions in the digital world. For the past decade, he served as…
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Sep- 2020 -1 SeptemberAppointments
Kim Pelletier named Get Diamonds CEO
The World Federation of Diamond Bourses (WFDB) has appointed Kim E. Pelletier to serve as CEO of the newly formed Get Diamonds B2B diamond trading platform. Pelletier was most recently president of IGC Jewelry & Diamonds, has served as vice-president at Hearts On Fire, Memoire, and John Hardy, and was…
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May- 2020 -15 MayAppointments
WFDB announces new committee for Get Diamonds
The World Federation of Diamond Bourses (WFDB) has announced the new ownership committee of its subsidiary Get Diamonds. In a letter, Yoram Dvash, acting president of WFDB announced the appointment of 12 members of the committee, which include five representatives of major bourses, five diamond dealers from various countries and…
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Apr- 2019 -24 AprilAppointments
International Diamond Council elects new leadership
The International Diamond Council (IDC) has appointed Julien Drybooms as its new chairman, and Pol van der Steen as vice chairman. The IDC was established in 1975 to provide the WFDB and the IDMA with a set of universally accepted standards of nomenclature for polished diamonds within the international diamond…
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9 AprilInternational
WFDB welcomes GIA’s changes to reports for lab-grown diamonds
The World Federation of Diamond Bourses (WFDB) has โwelcomedโ the changes by the Gemological Institute of America (GIA) to its reports for lab-grown diamonds. The GIA said its reports will be changed to come into line with revisions to the US Federal Trade Commission (FTC) Jewelry Guides announced last year.…
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Jul- 2018 -12 JulyInternational
WFDB announces Peter Meeus to head World Diamond Mark
The World Federation of Diamond Bourses (WFDB) has announced that former Dubai Diamond Exchange (DDE) president Peter Meeus will take over as head of its World Diamond Mark (WDM) programme. The World Diamond Mark is a non-for-profit organisation incorporated in Hong Kong, established in 2012 by the World Federation of…
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May- 2018 -10 MayAppointments
London Diamond Bourse announces โrevitalisedโ management board
Diamond trading association London Diamond Bourse has appointmented new staff to its council of management and its executive committee. The council of management appointments include: Katherine Chappell – Chappell has worked in the gemstone business for over 20 years. She emigrated to Canada as a child in 1965, settling in…
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