Rough Diamonds Import Control Regulations

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued a final rule that, effective June 19, amending the Rough Diamonds Control Regulations to clarify several reporting requirements and remove another, clarify which entity may issue Kimberley Process (KP) Certificates for the export of rough diamonds from the United States, clarify the steps necessary to validate a Kimberley Process Certificate, add two definitions that define rough diamond packaging requirements and Kimberley Process voided certificates, and make certain technical and conforming changes to the penalties section of the regulations.

To learn more about Census Bureau requirements for submission of Kimberley Process Certificates in connection with the importation and exportation of rough diamonds please