1. As stated in Article 2 of the By-Laws of the World Federation of Diamond Bourses (WFDB), the object of the WFDB is to protect the interests of the affiliated bourses and their individual members and to promote understanding and closer cooperation between people all over the world who earn their livelihood in the diamond trade.

2. Members of WFDB-affiliated bourses are expected to:

a. Exhibit professional knowledge and skills;

b. Treat colleagues with respect;

c. Describe diamonds and other gemstones and jewelry accurately and fairly;

d. Take all the necessary measures, required and voluntary, in order to avoid trading in conflict diamonds, including the implementation of commitments and undertakings of the diamond industry as part of the KimberleyProcess;

e. Disclose all treatments of diamonds and other gemstones;

f. Disclose whether a diamond or any other gemstone is synthetic; Observe fair labour practices;

h. Provide employees with a safe and healthy work environment;

i. Endorse and practice human rights and morality in society.

3. Members of WFDB-affiliated bourses are expected to avoid:

a. The practice of offensive conduct and speech;

b. The performance of any unethical conduct against a colleague or a client;

c. The involvement, directly or indirectly, in any activity that is harmful to society;

d. Trading in conflict diamonds;

e. Subjecting rough diamonds to unnatural treatments, or knowingly trading rough diamonds that have been subjected to unnatural treatments.

4. Members of WFDB-affiliated bourses are required to abide by all current and future resolutions and recommendations made at Congresses and Presidents Meetings relating to proper and ethical business practices.

(A) Failure to do so will result in appropriate disciplinary action by the bourse in question.