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FTC Releases New Guides for bracelet homme caoutchouc acier Jewellery Sector US based Federal Trade Commission (FTC) has issued its revised Jewelry Guides aimed at promoting transparency and proper disclosure in the jewellery sector collier lune...

FTC Releases New Guides for bracelet homme caoutchouc acier Jewellery Sector

US based Federal Trade Commission (FTC) has issued its revised Jewelry Guides aimed at promoting transparency and proper disclosure in the jewellery sector collier lune or rose to prevent unfair trade practices. cover iphone bracelet homme cuir double tour Industry players however expressed concern over revisions that could potentially sow further confusion among consumers.

The guides collier or pierre also advised marketers of man made diamonds products that share the same optical, iphone 7 8 hoesje physical and chemical properties as mined diamonds that they may use “words or phrases other than the ones listed bracelet homme ancrage in the previous guides” provided that they clearly state the product is not a mined stone.

FTC likewise approved the use of the term collier lune inversé “cultured” to describe a laboratory grown diamond as long as it is accompanied by qualifiers or collier lune maxi zoo accepted labels, or “other word or phrase of like meaning.”

The revised guides also removed the word “natural” from the basic definition of diamond since there is now more than one way to create a diamond. This however does not affect the requirement to describe a laboratory grown diamond using official descriptors.

According to the World Federation of Diamond Bourses (WFDB), custodia samsung cover the new guidelines are not in line with the Diamond Terminology Guidelines agreed upon last year and implemented by the WFDB, the International Diamond Council, collier or graine de café homme the International Diamond Manufacturers Association and CIBJO, the World collier or et diamants Jewellery Confederation.

WFDB President Ernie Blom commented, iphone 6 6s plus hoesje “We have a united stand regarding nomenclature which was agreed with all the combined bracelet homme large cuir knowledge and experience of the leading industry bodies, but the FTC appears to have moved in a different direction.”

Changes, iphone 11 pro hoesje specifically striking down bracelet homme prenom famille the word synthetic as a diamond descriptor, “provide too much of a bias towards the lab grown diamond sector,” added aliexpress collier lune Blom. “Our paramount aim is always consumer confidence and the revision has the potential to cause a degree of confusion.”

The WFDB official however commended the FTC for emphasising that any descriptors for non mined diamonds must be clear and prominently displayed to consumers and that a diamond bracelet homme ambre et argent sold without any descriptors must be a natural diamond.

“We collier or maille palmier 18 carats hope that the door is still open for us to go back and approach the FTC in order to try and persuade the organisation to re think collier or blanc topaze its decision,” Blom added.

The Diamond Producers Association (DPA), custodia cover while praising collier lune zooplus some FTC revisions, also said collier lune et fée it is deeply concerned about the collier or ancien guides “failing to provide the clarity required to avoid more collier lune étoiles consumer confusion and deception, instead introducing unnecessary ambiguity.”

The association cited collier or rigide FTC’s go signal for the qualified use of the term “cultured diamonds” collier or blanc perle even though it has been demonstrated that the majority of consumers mistakenly interpret “cultured” as collier lune clairs a description used for natural diamonds. “The DPA believes that this principle, if widely applied,