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International Jewelery Show||He Peishan, Commissioner of Customs, introduces the system for regulating precious metal and gemstone dealers

2023-03-03T16:29:33.768Z


​"Hong Kong International Jewelery Show 2023" is being held at the exhibition. Ho Pui-shan, the Commissioner of Customs, entered the venue today (3rd), but instead of going shopping, she introduced the newly introduced regulatory system for precious metals and gemstone dealers.


​"Hong Kong International Jewelery Show 2023" is being held at the exhibition. Ho Pei-shan, the Commissioner of Customs, entered the venue today (3rd), but instead of going to buy a lot, she introduced the newly introduced regulatory system for precious metals and gemstone dealers, so that relevant dealers and It is necessary for people to understand the legal requirements, so that the relevant system can be implemented smoothly.


Hong Kong Customs has set up booths at the "Hong Kong International Jewelry Show 2023" for five consecutive days starting from the 1st of this month. In order to strengthen the promotion of the newly introduced regulatory system for precious metals and gemstone dealers, let relevant traders and people understand the legal requirements, so that the relevant system can It went smoothly.

Commissioner Ho Pui-shan came to the scene today and had a dialogue session with artiste Chen Beier to introduce the relevant regulatory system.

She said that the implementation of the regulatory system for precious metals and gemstone dealers fully demonstrates Hong Kong's firm determination to combat money laundering and terrorist financing, and effectively maintains Hong Kong's reputation as an international financial center.

She then visited other booths at the Jewelery Fair, introducing the new legal requirements and distributing promotional materials to mainland, overseas and local exhibitors.

According to the Customs, according to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615), local precious metals and gemstone dealers are required to apply for registration with Hong Kong Customs from April to December 2023 to conduct transactions with a total amount of 120,000 or more. transactions in Hong Kong dollars and must properly implement its statutory obligations to combat money laundering and terrorist financing.

Non-Hong Kong precious metals and gemstone dealers who meet the statutory requirements (including exhibitors who come to Hong Kong to participate in jewelry fairs) are exempted from registration, but they must conduct any transactions in Hong Kong with a total amount of HK$120,000 or more from April 1, 2023. submit a cash transaction report to Hong Kong Customs within one day after the transaction or before the dealer or the person acting on behalf of the dealer leaves Hong Kong, whichever is earlier.

Online diaper store Baby-Clan explodes into controversy. Customer approves price of packaged seafood. Customs correct follow-up. Customs airport breaks 2 airlift drug cases. 130kg of opium hidden in plastic bottle is uncovered. The largest mainland female tour to Hong Kong in the past 20 years. "Original Roast Goose" The souvenir was intercepted by the customs and gnawed on the spot: I almost cried. The customs seized more than 700 million illicit cigarettes last year. Ho Pei-shan pointed out that the smuggling did not increase significantly after the tobacco tax was increased. A Ugandan man suspected of smuggling methamphetamine into his shirt in a smuggled cigarette warehouse was seized by customs at the airport with a market value of about 1.7 million yuan.

Source: hk1

All news articles on 2023-03-03

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