AWDC launches Know Your Customer Portal application

Published

2 months ago

November 22, 2025

1,938 views

Antwerp World Diamond Centre (AWDC) announced the launch of the KYCP (Know Your Customer Portal) application, designed to automate the screening of customers and transactions.

New KYCP platform

The Antwerp World Diamond Centre (AWDC) has unveiled KYCP – a Know Your Customer Portal that automates customer and transaction screening for diamantaires.
Offered free of charge, the tool is tailored to help dealers comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) rules with far less manual paperwork.

How it changes compliance

KYCP replaces scattered, spreadsheet-based checks with a single platform that centralizes KYC files, runs faster and more accurate screenings, and triggers real-time alerts on suspicious activity.

It also streamlines regulatory reporting, easing a burden that has weighed especially heavily on small and family-run trading firms.

Scale and strategic impact

AWDC invested about EUR 250,000 in developing KYCP and is making it available to the 1,470 Antwerp diamond companies it represents at no cost.

By introducing the first collective digital compliance solution of its kind in Belgium, Antwerp’s diamond sector positions itself as a frontrunner among non-financial industries on transparency and AML/KYC compliance.

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Gold & Precious Metals – A future outlook

Published

4 hours ago

January 13, 2026

JewelBuzz Spread The Buzz

478 views

The session saw a power packed panel of experts that comprisedSurendra Mehta, National Secretary- IBJA,Ranjith Singh,Head of Business Development, IIBX, Shweta Dhanak, Director – Vijay Exports,S Thirupathi Rajan, MD Goldsmith Academy, Shivanshu Mehta, SVP & Head Bullion-MCX.The session was moderated by Chirag Seth, Principal Consultant, Metals Focus.

Some salient points made by the panelists:

Gold prices are not linked to consumer demand. They are linked to central bank buying and ETFs

Till the banking system doesn’t collapse, gold price will continue to rise

Jewellers were advised to use a mix of futures and options for risk mitigation

Given the current situation manufacturers selling on credit or unfavorable deals could be fatal flaw for business.

Precious metals forecast: Surendra Mehta said he sees gold in 2026 in $4900-5100 range and silver in $90-105.Looking further he said by 2030-2035 gold could touch $18000- 20000 and silver could reach $500. Chirag Seth predicted silver touching $105 this year and gold moving in the $ 5200- $ 5500.