London Bullion Market (LBMA) is an international trade union representing London gold and silver bullion market with global customer base. The union is active in several fields such as determining refining standards, developing trade documents and applications in trade of gold. The union applies extremely difficult criteria by independent arbitrators and accredits only after passing a series of difficult tests. Its primary condition for acceptance is strength of the institution’s financial structure, its prestige, and its self-actualising in the sector.
BMA Rings procures all precious metals it uses in production from LBMA-member companies.
The Kimberley Process (KP) is a multilateral trade regime established in 2003 with the goal of preventing the flow of conflict (blood) diamonds. The core of this regime is the Kimberley Process Certification Scheme (KPCS) under which States implement safeguards on shipments of rough diamonds and certify them as “conflict free".
BMA Rings takes this issue very seriously and to stem the flow of conflict diamonds through an international certification scheme, purchases only polished diamonds, from the members that satisfy the fundamentals of the agreement based in countries, which have adhered to the Kimberley Process (a joint governments, industry and civil society initiative).