Hong Kong Customs Investigates Unregistered Precious Stones Transactions Exceeding HK$120,000.

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

Hong Kong Customs yesterday (July 30) detected a case involving a local company that conducted transactions of precious stones 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. An 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

Preliminary Report and Public Notice on Airbus A330-343 passenger aircraft accident released

The Air Accident Investigation Authority (AAIA) today (July 31) released the Preliminary Report and Public Notice PLR-2026-02 on an accident involving an Airbus A330-343 passenger aircraft operated by Cathay Pacific Airways Limited (registration mark B-HLQ) on July 3, 2026. The aircraft was arriving at Hong Kong from Narita, Japan. While on approach to the South Runway of Hong Kong International Airport, the crew decided to initiate a go-around to position for another landing, during which the bottom of the fuselage in the tail area was damaged after contacting the runway. The aircraft eventually returned for a normal landing on the North Runway.

A spokesperson for the AAIA said that the Preliminary Report has been published to provide factual information established in the investigation's early-evidence collection phase to both the aviation industry and general public in a timely manner, and should be regarded as tentative. The full report is available for download from the AAIA webpage (www.tlb.gov.hk/aaia/eng/investigation_reports/index.html).

"The investigation team is conducting a detailed analysis of the data and information collected in order to determine the circumstances and causes of this occurrence with a view to preventing a recurrence in conjunction with identifying areas for further investigation or lines of inquiry to follow up," the spokesperson said.

The AAIA, an independent investigation authority formed under the Transport and Logistics Bureau, is responsible for the investigation of civil aircraft accidents and incidents in accordance with the Hong Kong Civil Aviation (Investigation of Accidents) Regulations (Cap. 448B) and with reference to the International Civil Aviation Organization's standards.

Source: AI-found images