The Uniform Commercial Code (UCC) financing statement form is important safeguard for wholesalers who conduct memo transactions. In this segment, UCC experts discuss how diamond dealers can use the form to protect themselves in case their clients file for bankruptcy. Partnership Africa Canada (PAC) stepped up its monitoring of the diamond industry ahead of next weeks Kimberley Process (KP) plenary and found that issues of noncompliance remain troublesome. PAC's Ian Smillie discusses what he hopes the meeting will accomplish. Anchored by Jeff Miller and Avi Krawitz of the Rapaport News team.
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