DCA Ethical Sourcing & Trade Regulations 2

Question 1

Which international agreement, adopted in 2003, established the Kimberley Process Certification Scheme as a formal trade requirement?

Accepted Answer

The UN General Assembly Resolution 55/56 and subsequent KPCS core document

Answer

UN General Assembly Resolution 55/56 on 'The Role of Diamonds in Fuelling Conflict' led directly to the establishment of the KPCS core document in 2003.

Question 2

Under the Kimberley Process, which entity is responsible for issuing Kimberley Process Certificates in the United States?

Accepted Answer

The U.S. Census Bureau on behalf of the Department of Commerce

Answer

In the United States, the U.S. Census Bureau, acting under the Department of Commerce, administers the issuance of Kimberley Process Certificates.

Question 3

A diamond trader receives a shipment with a Kimberley Process Certificate that lists a country not recognized as a KPCS participant. What is the correct action?

Accepted Answer

Refuse the shipment and report the discrepancy to the relevant authority

Answer

Shipments from non-participant countries cannot be legally imported under KPCS, and suspicious certificates should be reported to the relevant authority.

Question 4

Which U.S. federal law incorporates the Kimberley Process requirements and restricts the import of conflict diamonds?

Accepted Answer

The Clean Diamond Trade Act of 2003

Answer

The Clean Diamond Trade Act of 2003 implements U.S. obligations under the Kimberley Process Certification Scheme and prohibits the importation of conflict diamonds.

Question 5

The Responsible Jewellery Council (RJC) Code of Practices requires member companies to conduct due diligence on which aspect of diamond sourcing?

Accepted Answer

Human rights, labor rights, environmental impact, and business ethics throughout the supply chain

Answer

The RJC Code of Practices requires members to address human rights, labor rights, environmental impact, and ethical business conduct across their entire supply chain.

(DCA) Certified Diamond Council of America Diamond Specialist Practice Test

(DCA) Certified Diamond Council of America Diamond Specialist Practice Test

DCA Ethical Sourcing & Trade Regulations 2