Hong Kong Customs Investigates Unregistered Precious Metals Transactions Worth Over HK$120,000

Hong Kong Customs detects case of non-registered precious metals and stones dealer carrying out specified transactions

Hong Kong Customs yesterday (May 6) detected a case involving a local company that conducted transactions of gold, diamonds and jewellery containing precious metals and stones valued at over HK$120,000, without registration under the Dealers in Precious Metals and Stones Regulatory Regime. The investigation is ongoing.

According to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615), unless exempted, any person who is seeking to carry on a business of dealing in precious metals and stones and engage in any transaction(s) (whether making or receiving a payment) with a total value at or above HK$120,000 in Hong Kong is required to register with Hong Kong Customs. Any dealer, other than a registrant, who claims to be a registrant, claims to be authorised to carry out, or carries out any cash or non-cash transaction(s) with a total value at or above HK$120,000 is liable to a maximum fine of HK$100,000 and imprisonment for six months upon conviction.

Customs reminds dealers in precious metals and stones that they must obtain the relevant registration before they can carry out any cash or non-cash transaction(s) with a total value at or above HK$120,000.

For the forms, procedures and guidelines to submit applications for registration, please visit the website for Dealers in Precious Metals and Stones Registration System (www.drs.customs.gov.hk) or Customs' webpage (www.customs.gov.hk/en/service-enforcement-information/anti-money-laundering/supervision-of-dealers-in-precious-metals-and-ston/index.html).

Members of the public may report any suspected transactions involving precious metals and stones with a total value at or above HK$120,000 conducted without the required registration to Customs' 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

Source: AI-found images

LegCo releases short video explaining new rules of allowing dogs in food premises

The following is issued on behalf of the Legislative Council Secretariat:

The Legislative Council (LegCo) today (May 7) took note of the report on Food Business (Amendment) Regulation 2026 and expressed its support for the Government to relax the ban on dogs entering food premises - a restriction that has been in place for over 30 years.

A spokesman for LegCo said, "To facilitate the public better understand the new regulations, the LegCo Secretariat has launched a new initiative by producing its first concise and short film. It aims to explain the regulation to the public in an easy-to-understand and down-to-earth manner. The video focuses on key enforcement points and highlights some common scenarios where violations may easily occur. This would help citizens in adhering to the law, while also promoting and creating an ideal pet-friendly environment. By spending about two minutes on the video, citizens will be able to grasp the key aspects of the new measure."

Members of the public are welcome to watch the video on LegCo Website: https://www.legco.gov.hk/en/photogallery/player.html?album=video&term=2026&id=415

The LegCo's spokesman added, "LegCo Members have always upheld the 'people-oriented' principle and are concerned about all matters related to people's livelihoods. The deliberations in LegCo are closely connected with people's daily lives. This new initiative of releasing promotional videos reflects the inseparable linkage between the work of LegCo and public communication. LegCo will continue to release new videos from time to time, facilitating the public to learn about various policies or ordinances easily."

Source: AI-found images