Polished diamond trading slowed in April due to slow demand at the start of a seasonally-quiet period.
A meeting about the new regulations, attended by many IDE members, took place at the bourse with the participation of the heads of the local diamond organizations to explain to the diamond sector its commitments.
According to Dvash, "The IDE management will show zero tolerance towards people causing harm to other IDE members." Since the affair came to light, the main suspect has been remanded in custody several times.
The IDE is holding a meeting on implementing anti-money laundering regulations in the diamond industry on May 2.
The comment was made by the IDE President Yoram Dvash at an advanced Ebay marketing seminar for graduates of the previous eBay course. The IDE will launch a new and unique additional Internet marketing venture for exchange members.