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AML Compliance Helpdesk at AWDC

According to the AWDC, the General Data Protection Regulation, also called the GDPR, enters into force on May 25. This regulation concerns the management and security of European citizens’ data. Starting this month, your company must be able to demonstrate what personal data you gather and how you use and secure it.

In order to help you with this, the AWDC AML & Compliance Helpdesk has created a Q&A tailor made for the diamond industry. This Q&A contains all the answers to your questions, as well many specific examples of how a diamond company should apply the GDPR in practice. You can find the Q&A here.

Additionally, the AML & Compliance Helpdesk has also created tailor-made templates for the industry, including a privacy policy, among others. You are welcome to use these templates, making a few adjustments for your specific needs, so that you will be in compliance with the GDPR without much difficulty. We will deliver the templates to you next week.

By following the recommendations in this Q&A and making use of the templates, you will be deemed in compliance with the GDPR. We have tried to keep the workload for the industry to a minimum while obtaining the maximum results.

If you still have questions, please contact the AWDC AML & Compliance Helpdesk

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