Public Policy & IssuesJVC talks legal compliance in NYC Diamond DistrictThe Jewelers Vigilance Committee (JVC) has announced it will host a free legal compliance seminar for members of New York City's 47th Street Business Improvement District (BID), which includes merchants in the city's Diamond District. Read More JA asks jewelers to join sales tax fairness pushJewelers of America (JA) is again calling on Congress to reintroduce and pass legislation that would close a loophole that frees online retailers from having to charge sales tax and thereby hurts brick-and-mortar businesses. Read More NYC diamond conference to feature key luxury namesInitiatives in Art and Culture, a New York-based organization that promotes the arts, is hosting a diamond conference this spring in Manhattan, featuring a lineup of luxury jewelry brand and expert gemological speakers. Read More JVC event to help jewelers address IRS inquiriesThe Jewelers Vigilance Committee (JVC), which says that a number of jewelers have already reported that the Internal Revenue Service has inquired about their anti-money-laundering (AML) programs, will host a seminar on the topic at the upcoming JA New York Winter Show on March 1. Read More Report grades retailers on ethical gold sourcingA report released Wednesday by Washington, D.C.-based environmental group Earthworks calls out the jewelry industry's leaders and stragglers when it comes to responsibly sourcing gold. Read More Tiffany grant helps save view of Hollywood signThe Tiffany and Co. Foundation, the retailer's charitable arm for supporting the environment and the arts, has awarded a $1 million grant to help preserve land that offers a view of the iconic, 9-letter Hollywood sign above Los Angeles. Read More 
WJA names Weinman as president, elects boardThe Women's Jewelry Association (WJA) has announced the appointment of Kendra Bridel Weinman as its incoming president and has named a slate of new board members. Read More Report: More chains pull cadmium-suspect jewelryTeen clothing and accessories retailer Aeropostale and Saks Fifth Avenue outlet stores have each pulled from their shelves necklaces that an environmental group claims tested high for levels of cadmium, the Associated Press (AP) reports. Read More CIBJO launches new networking committeeBy the time the 2009 CIBJO Congress held this past spring was over, the organization's first new committee in more than a decade had emerged: the CIBJO Association Executive Network Commission (CAENCOM). Read More JA applauds launch of RJC certification systemJewelers of America, the nation's largest jewelry trade association, is applauding the launch of a formal system for auditing member compliance with tenets of the Responsible Jewellery Council (RJC), a program that seeks to advance ethical, social and environmental practices throughout the diamond and gold jewelry supply chain. Read More WDC, JFC elect new board membersBoth Jewelers for Children (JFC) and the World Diamond Council (WDC) have announced the election of new members to their boards. Read More MJSA issues cadmium alert for base-metal jewelryManufacturing Jewelers and Suppliers of America (MJSA) is warning its members to take the necessary steps to ensure any base-metal jewelry imported into the United States is not made with cadmium. Read More Wal-Mart pulls cadmium-suspect children's jewelryWal-Mart began pulling children's costume jewelry made in China from its shelves this week following an investigative news report that found dangerous levels of cadmium in a dozen tested pieces sold in the United States, according to published reports. Read More 
JVC names new board, chairman Marc GreenThe Jewelers Vigilance Committee (JVC), which serves as the guardian of industry ethics and integrity, welcomed newly elected board members and recognized retiring members at its annual luncheon at the Waldorf-Astoria in New York on Friday. Read More Tighter Illinois lead law impacts kids' jewelryThe state of Illinois has amended its lead poisoning laws to require that certain children's products, including jewelry, that contain a specified amount of lead must carry a warning label, effective Jan. 1, the Manufacturing Jewelers and Suppliers of America (MJSA) reports. Read More NRF applauds passage of 'carryback' legislationWashington--The National Retail Federation (NRF) is welcoming passage of legislation that will allow retailers and other businesses to lengthen the period during which they can "carry back" current losses to claim a tax refund from previous years when they made a profit. Read More FTC extends Red Flags Rule enforcement deadlineNew York--The Federal Trade Commission (FTC) has decided to delay enforcement of the Red Flags Rule from Nov. 1, 2009, until June 1, 2010. Read More Gold buy-backs of interest as IRS visits jewelersNew York--The Internal Revenue Service (IRS) will soon be examining jewelers' anti-money-laundering (AML) programs for U.S. Patriot Act compliance, and with the rising number of jewelers doing gold buy-back programs, more retailers may need to be in compliance. Read More IRS asks JVC for help in training AML examinersNew York--The Internal Revenue Service (IRS) has asked Jewelers Vigilance Committee (JVC) President and Chief Executive Officer Cecilia Gardner to train examiners on the complexities of the jewelry industry as the IRS prepares to examine jewelers' anti-money-laundering programs (AML). Read More NRF asks Senate to approve 'carryback' amendmentWashington--The National Retail Federation (NRF) today asked the Senate to approve an amendment that would bring recession-plagued retailers billions of dollars in badly needed cash by lengthening the period during which they can "carry back" current losses to claim a tax refund from previous years when they made a profit. Read More Congress likely to modify Red Flags RuleNew York--In response to the concerns of small-business owners, the U.S. House of Representatives passed a bill on Oct. 22 allowing some companies to apply for an exclusion from the Red Flags Rule, according to the Jewelers Vigilance Committee (JVC). Read More NRF urges Congress to pass NOL Carryback ActWashington--The National Retail Federation (NRF) told a House committee on Wednesday that some retailers could be forced to lay off workers or close stores unless Congress moves quickly to pass the Net Operating Loss Carryback Act that would give them the cash they need to buy inventory for this year's holiday season. Read More JVC to release Red Flags Rule CDNew York--In October, the Jewelers Vigilance Committee (JVC) will release its Red Flags Rule compliance kit on CD, according to a press release from the New York-based organization. Read More Jewelers get extension for identity theft programNew York--The Jewelers Vigilance Committee (JVC) says jewelers who fit certain criteria in regards to offering credit will now have until Nov. 1 to comply with Federal Trade Commission (FTC) regulations that require them to have an identity theft prevention program in place. Read More New identity theft regs impact certain jewelersNew York--The Jewelers Vigilance Committee (JVC) is reminding jewelry retailers that those who offer customers credit through in-house financing, branded credit card programs, layaway facilities or any other credit arrangements, must have an identity theft prevention program in place by Oct. 1. Read More |
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