Since May 25th, 2018, the General Data Protection Regulation (GDPR) is in effect. This EU regulation was designed to harmonize data privacy laws across Europe, to protect and empower all EU citizen's data privacy, and to reshape the way organizations across the region approach data privacy.

It has implications for all businesses processing personal data, including diamond traders. To help diamond traders comply with this regulatory framework, the AWDC AML & Compliance Helpdesk has conducted an extensive Q&A tailored to the diamond sector. This Q&A will address your questions about GDPR and guide you in what is expected from you to comply with the GDPR.

The AML & Compliance Helpdesk has also drafted templates for you to use and adopt in your business to allow you to have all required documentation and measures in place to be compliant with the GDPR.