The tightening of controls over proliferation financing covers several business activities, namely dealing in precious stones and metals, moneylending, pawnbroking and providing legal services.
The new law cracks down on money-laundering, as well as dealing in precious stones and metals, money lending, pawnbroking, etc., to evade sanctions against funding the proliferation of weapons of mass destruction. The definition of precious products now includes luxury brands as well. Last August, 10 people were arrested in a major money-laundering case.
People wear gemstones for many reasons. For many, they hold special meanings from devotion, and trust, to commitment. It is considered extremely romantic to receive or gift someone a precious stone with a special meaning attached to it. Here are some familiar stones and what they represent.