GJEPC announces the winners of 40th India Gem and Jewellery Awards

Rajendra A. Shah was felicitated with the Lifetime Achievement Award while Bharati D Shah from B R Designs won the Best Women Entrepreneur Award.

Post By : IJ News Service On 08 October 2013 1:53 PM
The U.S. House of Representatives has passed a bill on October 22, 2009, which allows some companies to apply for an exclusion from the Red Flags Rule, apart from other regulations. The bill is expected to benefit the small-business community. The Red Flag Rule will be into effect from November 1, 2009, onwards and requires businesses to establish an Identity Theft Prevention Program. The House bill has now been referred to the Senate for consideration. If approved by the Senate, and signed by the President, the exclusions will become official. %% As per the pending legislation, particularly concerning the jewellery industry, a company applying for an exclusion will qualify if it: knows all its customers or clients individually, or has not experienced incidents of identity theft and identity theft is rare for businesses of that type. %% The JVC will be monitoring the bill and if the bill becomes a law, JVC would extend support to the qualifying companies to prepare their applications for the exclusion. It is also assisting those companies that do not qualify for the exclusion, by providing JVC’s Red Flags Rule Compliance Kit on CD sponsored by GE Money.

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