Antwerp Bourse Clarifies Name of Sanctioned Firm

Finance and Trade
11/09/2015 08:14

The Antwerp diamond exchange, Beurs voor Diamanthandel CVBA, has issued a clarification regarding the name of the Belgian firm sanctioned last month by the U.S. Department of the Treasury’s Office of Foreign Assets Control. The sanctioned firm, Kardiam BVBA, should not be confused with Kordiam BVBA, the bourse wrote in a letter dated September 4. The two firms are not linked either legally or financial. It also noted that Kordiam is operated by Serge Korn.