A code of ethics is created solely for the Israel Diamond Exchange (IDE), which places Israel at the forefront in matters relating to clear and transparent administration.

IDE President Yoram Dvash: "I am proud to be the first bourse president in the world to launch a code of ethics. It combines very well the IDE's path – a path of transparency and clearly written rules."

The code is written by Israeli professor Asa Kasher. Professor Asa Kasher said at a special signing ceremony at the IDE, "The code of ethics shows the bourse in its best light and how you want to appear and what you want to be. The code of ethics newly defines your identity and in accepting and adopting it you take responsibility for the whole diamond sector and are contributing a great deal to the Israeli economy." He thanked the people who were part of creating the code of ethics, including Yoram Dvash, Israel Diamond Institute Chairman Shmuel Schnitzer, IDE Code of Ethics Chairman Asher Dalumi, Emma Yanover and members of the committee.