• DIAGOLD CREATION PRIVATE LIMITED shall operate in compliance withrelevant national and international legislations / regulations as applicable inthe countries in which they operate.
• All employees are expected and directed to comply with all applicable lawsand regulations as well as will have to follow the rules and regulation formedby DIAGOLD CREATION PRIVATE LIMITED regarding its business policies
• Compliance team maintains the list of applicable legal and regulatoryrequirements and same is followed for compliance on day to day basis.Necessary records of requirements and its compliance is maintained.

• DIAGOLD CREATION PRIVATE LIMITED recognizes the fact that entities in the gems and jewellery sector have to take on the onus of analysing theirpotential vulnerabilities to money laundering and implement specific stepsthat are required for protection against abuse by criminals
• Strict compliance is required at all times, with all applicable national and,where appropriate, international laws / regulations with respect to money laundering, terrorism financing, bribery, facilitation payments, corruption,smuggling, embezzlement, fraud, racketeering, transfer pricing and taxevasion.
• DIAGOLD CREATION PRIVATE LIMITED shall act in accordance with national laws with respect to auditing of its financial accounts and maintaining internal controls as guided by various regulations. Following acts and international guidelines is considered while establishing policies of the DIAGOLD CREATION PRIVATE LIMITED.
  • Prevention of Money laundering Act 2002
  • FATA 40 Recommendations and 8 special recommendations
• It is the responsibility of concerned personnel to know and understand the relevant money laundering / financial offences related legal, regulatory and internal requirements as they apply to their jobs. Ignoring or not reporting suspicious activity that appears to be questionable may also be considered as a violation of the Business Principles, depending on the seriousness of the non-conformance.
• Compliance officer ensure all the critical steps such as KYC & KYS, Identification of suspicious transaction, reporting to management and record keeping as required by the local act and legislations are complied with.
• Compliance officer caries out periodic review of AML/CFT compliances and submits his report to management on Quarterly basis.

• DIAGOLD CREATION PRIVATE LIMITED is fully committed to complying with all the requirements specified in the Kimberley Process Certification Scheme and World Diamond Council’s (WDC) System of Warranties Declaration.
• We will not engaged in business with the supply chain who deals in ‘conflict diamonds’ or not following the System of Warranties Declaration in invoices, either knowingly or unknowingly, will be considered as a violation of the Business Principles.

• The DIAGOLD CREATION PRIVATE LIMITED shall ensure complete prohibition of Bribery and facilitation payment across organization and in all the entities.
• DIAGOLD CREATION PRIVATE LIMITED will not offer, accept or countenance any payment, gift in kind, hospitality, expense or promises as such that may compromise promises of fair competition.
• Entity shall prohibit bribery and facilitation payment and shall comply with various rules and regulations of the land.

The following essential principles will be applicable in all the transactions involving treated diamonds, synthetics and stimulant

• Full disclosure i.e. the complete and total release of all available information about a Diamond and all material steps it has undergone prior to sale to the purchaser, irrespective of whether or not the information is specifically requested and regardless of the effect on the value of the diamond.
• We deal in real and natural diamonds only and any treatment of real and natural diamonds is disclosed to customer prior to sales

• Compliance is required at all times, with applicable national and, where appropriate, international laws / regulations with respect to employment and labour.
• The DIAGOLD CREATION PRIVATE LIMITED shall not require Staff to work for more than the national limit of hours in a week on a regular basis.
• The DIAGOLD CREATION PRIVATE LIMITED shall ensure that wages and benefits for a standard working week shall meet at least national minimum standards and shall be sufficient to meet the basic needs of Staff and provide some discretionary income

• Any adverse impact of our business processes on those who carry it out shall be identified and eliminated. Towards this end, we will systematically review our operations to identify sources of health and safety related risks.
• This review will use appropriate standards as required by prevailing laws, expert opinion and our knowledge of best practices.
• The review will lead to formulation of clearly described work practices and drills.
• All our staff will be trained in the manner required to adhere to these work practices and drills.
• The health of our staff, exposed to certain hazardous processes, will be monitored periodically through appropriate medical checks, and reviewed using expert inputs for improvements.
• All workplaces will be constructed to meet safety standards with local regulations as the minimum standards that will be applicable

• Discrimination can mean distinction, exclusion or preference.
• Any form of discrimination relating to the hiring, discharge, pay, promotion and training of employees on the basis of race, caste, national origin, religion, age, disability, gender, marital status, sexual orientation, HIV status, Migrant status, membership of worker representative bodies, political affiliations, or any criteria that are unlawful is strongly discouraged by the DIAGOLD CREATION PRIVATE LIMITED and any such reported incidents will be viewed as a serious violation of this Business Principles.
• We will ensure that employees who have certain life threatening diseases or illnesses are not treated differently from other employees, and will continue to employ such personnel, as long as they are physically and mentally fit to attend to their normal job responsibilities.
• We shall at no time condone the use of corporal punishment or other forms of mental or physical coercion.
• We encourages all personnel to voice concerns promptly, if they have a genuine reason to believe that a policy, DIAGOLD CREATION PRIVATE LIMITED operation or practice is or will likely be in violation of any law, regulation or internal DIAGOLD CREATION PRIVATE LIMITED rule or policy, including this Business Principles. DIAGOLD CREATION PRIVATE LIMITED assures all employees who come forward in good faith to report issues, that they will be treated fairly and respectfully

• No form of child labour should be employed at any of the facilities of the DIAGOLD CREATION PRIVATE LIMITED Unless local laws stipulate a higher age, the minimum age for employment that will be applicable is fifteen (As per ILO Convention No. 138).
• For authorized adolescents (persons below 18 years of age but above 15 years), the DIAGOLD CREATION PRIVATE LIMITED management is responsible for providing working conditions, hours of work and wages in compliance with applicable local laws as a minimum
• As per our DIAGOLD CREATION PRIVATE LIMITED policy no child labour or adolence child labour will be employed.
• DIAGOLD CREATION PRIVATE LIMITED will implement suitable policy and procedures to verify the age proof all new employees joining the organization.

• The management of DIAGOLD CREATION PRIVATE LIMITED is fully committed to ensuring that forced or involuntary labour is not practiced in any form at any of its facilities. Any reported incidents relating to forced labour will be considered as a serious violation of this Business Principles.
• The following definitions will be applicable:
  • The Universal Declaration of Human Rights that states that ‘No one shall be held in slavery or servitude’
  • ILO Convention 29, which defines forced or compulsory labour as ‘all work or service which is extracted from any person under the menace of any penalty, and for which they said person has not offered himself voluntarily”

• All employees in the DIAGOLD CREATION PRIVATE LIMITED’ facilities will be treated with equality, respect and dignity.
• DIAGOLD CREATION PRIVATE LIMITED will not interfere in the right of employees to observe tenets or practices based on caste, race, national origin, gender, religion, disability, union membership, or political affiliation
• The DIAGOLD CREATION PRIVATE LIMITED strongly discourages any form of sexually coercive, threatening, abusive or exploitative behavior.
• Any reported incidents relating to direct or indirect physical, sexual, racial, religious, psychological, verbal, or any other form of harassment or abuse, or any other form of intimidation or degrading treatment will not be tolerated by the DIAGOLD CREATION PRIVATE LIMITED.
• HSE & Anti sexual harassment committees are formed and committee shall review the compliance at regular intervals by holding review meetings.

• Compliance with all applicable environmental laws and regulations
• The impact of each of our operations on the environment will be systematically assessed for compliance with appropriately defined standards and reviewed periodically to mitigate or eliminate such impact.
• Disposal procedures for waste generated will be clearly defined and practiced in line with standards that are set by law and best practices of the industry.
• Improvement of employee environmental awareness and performance through detailed policies and procedures, training, and recognition of excellence.

• Each and every stage of product processing it is covered through blanket insurance
• Suitable safe guarding and storage is ensured at all stage with the help of safes
• We are taking at most care to ensure safety of visitors, Customers and interested parties, suitable arrangements such as CCTV, Multi-level entry doors and other electronic intelligence.
• All the concern persons are trained on relevant safety and security procedures to be followed at all time.