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 advocacy—shaping how diamonds are bought, sold, and regulated. Jewellery Focus provides specialist coverage on WFDB’s 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.
-
Jun- 2015 -8 JuneInternational
WFDB to discuss co-operation with new Diamond Producers’ Association
The president of the World Federation of Diamond Bourses (WFDB) has said the upcoming presidents meeting between his body and the International Diamond Manufacturers’ Association will be used as an opportunity to discuss cooperating with the new Diamond Producers’ Association (DPA). Ernie Blom said: “I am looking forward to meeting some…
Read More » -
May- 2015 -26 MayEvents
Profitability and finance top of WFDB meeting agenda
Industry financing and falling profitability will be the leading topics at the World Federation of Diamond Bourses (WFDB) presidents’ meeting next month. The meeting, which will take place in Tel Aviv from June 14 to 16, will be led by WFDB president Ernie Blom, while De Beers group CEO Philippe…
Read More » -
19 MayEditor's Blog
Without tough penalties, this diamond grading issue will become a crisis
Put yourself in the shoes of one of your customers, for just a moment. You’ve saved for several weeks or even months to buy yourself or a loved one an expensive watch, locket or ring. You’ve been eyeing up what’s in the windows whenever you pass a jeweller, and probably…
Read More » -
18 MayTrade Organisations
WFDB calls for further debate on issue of over-grading
The president of the World Federation of Diamond Bourses (WFDB), Ernie Blom has expressed his support for the industry-wide debate on the issue of overgrading. He said it will be one of the issues on the agenda of the presidents’ meeting, a biennial gathering of the 30 members of the…
Read More » -
13 MayCurrent Affairs
WFDB express concern over undisclosed diamond treatment
The president of the World Federation of Diamond Bourses (WFDB), Ernie Blom, today expressed his concerns over the discovery by the GIA of a shipment of allegedly treated diamonds. Yesterday, the Gemological Institute of America (GIA) said that some 500 colourless to near-colourless diamonds have been submitted primarily to its…
Read More » -
Apr- 2015 -29 AprilEvents
WFDB presidents prepare to discuss ‘critical’ issues
The Presidents of the World Federation of Diamond Bourses (WFDB) are preparing to discuss “critical” issues at its next presidents meeting in Tel Aviv, Israel. The bi-annual meeting, which will take place between June 14 to 16, has been cited by WFDB president Ernie Blom as “one of the most…
Read More » -
Mar- 2015 -11 MarchEvents
WFDB highlights falling profits at executive meeting
The World Federation of Diamond Bourses (WFDB) has highlighted the falling profits of polished diamonds at an executive meeting in China. The discussion took place at the WFDB executive committee meeting and Asia-Pacific presidents’ summit held in Shanghai on March 9 and 10. Regional WFDB presidents, including president Ernie…
Read More » -
Nov- 2014 -21 NovemberTrade Organisations
WFDB president calls for ‘immediate action’ on diamond grading
The president of the World Federation of Diamond Bourses (WFDB), Ernie Blom, has released an open letter claiming the diamond industry is facing a challenge to its integrity and lack of consumer confidence. The letter comes after laboratories from a specific laboratory group were recently found to have been overstating…
Read More » -
5 NovemberTrade Organisations
WFDB mulls future objectives
The World Federation of Diamond Bourses (WFDB) has concluded a three-day programme of meetings in Antwerp, revealing a strategy on the future mission of WFDB in the diamond trade. The strategy meeting, which included facilitator-led discussions, debated and agreed on themes that connect the WFDB and the international diamond trade’s…
Read More » -
Oct- 2014 -28 OctoberTrade Organisations
Diamond bourses pull out of World Diamond Council AGM
The World Federation of Diamond Bourses (WFDB) and seven others major organisations have announced they are pulling out of the World Diamond Council’s (WDC) annual general meeting, due to take place on 28 October. The organisations signed a joint letter to the Council announcing explaining that they did not want…
Read More »
