FTC neither with global trade nor protects US consumer
CIBJO releases Ethics Commission Special Report, Focuses on impact and implications of revised FTC Guides With fewer than five weeks to go to the opening of the 2018 CIBJO Congress in Bogotá, Colombia, on October 15, 2018, the fifth of the CIBJO commissions' Special Reports has been released. Prepared by the CIBJO Ethics Commission, headed by Tiffany C. Stevens, the report focuses exclusively on the newly revised Guides for the Jewelry, Precious Metals, and Pewter Industries, released in July by the U.S. Federal Trade Commission. The report is co-authored by Ms. Stevens and Sara E. Yood. Addressing comments that had been heard in the jewellery industry that the FTC Guides seem to disregard harmonisation efforts made by the international trade, Ms. Stevens and Ms. Yood note that the primary focus of the American agency is somewhat different. "The FTC tries to harmonise its guidance with international standards when possible, but it must base its guidance on