(NEW YORK) – The Jewelers Vigilance Committee (JVC) and Jewelers Mutual Insurance Company have developed a first-of-its-kind tutorial program in the jewelry industry to provide legal compliance information to Jewelers Mutual policyholders and their agents.
The JVC tutorial includes a range of topics pertaining to the manufacture, sale and marketing of fine jewelry. The program was developed to share important legal compliance information and enhance jewelers’ understanding of legal obligations pertaining to their businesses. The program debuted on JM University’s website at www.jmuniversity.com on October 21, 2008.
Specific topics covered in the tutorial include: anti-money laundering regulations regarding the jewelry industry, legal compliance criteria for online jewelry websites, what retailers need to know about completing and submitting form 8300 to the IRS, and more.
“Jewelers Mutual believes in the efforts of the Jewelers Vigilance Committee and is proud to be working with them on these new endeavors,” says Patti Geolat, interim President and CEO and board chair of Jewelers Mutual. “Both of our organizations have a common goal of protecting jewelers and their businesses, and including JVC information on JM University is just one more way to achieve that.”
Said Cecilia Gardner, JVC’s president, CEO and General Counsel: “JVC is proud to provide legal compliance information to JM sales agents, policyholders and their customers. JVC and JM stand together to educate the jewelry industry about legal compliance issues affecting their businesses. JVC and JM share a long and productive relationship to protect the jewelry industry from risk and now have developed a comprehensive program that provides information vital to jewelers’ businesses and reputations. JVC looks forward to helping JM policyholders and their customers avoid legal problems now and in the future.”
For more information about the JVC Tutorial Program on JM University, visit www.jmuniversity.com.