Press Releases

JVC Presents ‘Anti-Money Laundering 101’

It’s designed to help industry members mitigate legal risks and implement legally compliant business practices.

Published

4 years ago

July 14, 2020

INSTORE Staff

(PRESS RELEASE) NEW YORK — On July 23, Jewelers Vigilance Committee (JVC) will host a live webinar to explain all things anti-money-laundering (AML)-related. The webinar is designed to help all members of the industry mitigate legal risks and implement legally compliant business practices. Mark your calendar now so you don’t miss this informative session:

Anti-Money Laundering 101: A JVC Explainer of All Things AML
Thursday, July 23, 2020, from p.m. – 2:45 p.m. (EDT)

In partnership with Jewelers Mutual Group, JVC has recently released JewelPAC, a new online software solution for AML compliance. But what is AML, and who is required to comply? How can businesses ensure that they are designing an AML program that follows the rules and protects their supply chain? Tiffany Stevens, president and CEO, and Sara Yood, senior counsel, will explain where the AML regulations originate, how to comply, and why JewelPAC is the timely solution for jewelry business AML compliance.

To learn more about the JewelPAC program and to purchase it, click here.

This webinar is free to members. The non-member fee is $25. Click here for registration and details.

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”