Hong Kong Customs to Assist Non-Local Dealers at Jewellery & Gem WORLD Exhibition

Hong Kong Customs to publicise Dealers in Precious Metals and Stones Regulatory Regime at jewellery exhibition

Hong Kong Customs will set up a booth at the Jewellery & Gem WORLD Hong Kong (JGW), to be held at the Hong Kong Convention and Exhibition Centre (HKCEC), from tomorrow (September 18) for five consecutive days to publicise the Dealers in Precious Metals and Stones Regulatory Regime (the Regime), and will provide on-site counter services to assist non-Hong Kong dealers in submitting cash transaction reports during their participation in the exhibition.

According to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615), the Regime came into effect on April 1, 2023. 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 and fulfil his/her anti-money laundering and counter-terrorist financing statutory obligations as appropriate.All dealers in precious metals and stones must successfully obtain a 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 non-Hong Kong dealers fulfilling the prescribed conditions (including those who come to Hong Kong to participate in exhibitions), although they are exempt from registration, they are required to submit to Hong Kong Customs a cash transaction report for any cash transaction(s) (whether making or receiving a payment) with a total value at or above HK$120,000 carried out in Hong Kong 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.

Non-Hong Kong dealers can make an online submission of a cash transaction report via the Regime's webpage atwww.drs.customs.gov.hkby accessing the Dealers in Precious Metals and Stones Registration System. They can also download the related form atwww.drs.customs.gov.hk/download/drsform/CED418_Form%208_Cash%20transaction%20report.pdfand then submit the report in person at Hong Kong Customs' booth at the JGW.

The Hong Kong Customs' booth (Booth 1A426) is located at HKCEC Hall 1A and will be open from 10am to 6pm between September 18 and 21, and from 10am to 5pm on September 22.

Dealers can visit the website (www.customs.gov.hk/en/service-enforcement-information/anti-money-laundering/supervision-of-dealers-in-precious-metals-and-ston/index.html) for more information about the Regime.

Hong Kong Customs to publicise Dealers in Precious Metals and Stones Regulatory Regime at jewellery exhibition Source: HKSAR Government Press Releases

Hong Kong Customs to publicise Dealers in Precious Metals and Stones Regulatory Regime at jewellery exhibition Source: HKSAR Government Press Releases

Bus Parade cum Exhibition for Celebrating 75th Anniversary of Founding of People's Republic of China - free exhibition admission tickets open for registration tomorrow

To celebrate the 75th anniversary of the founding of the People's Republic of China, the Transport Department (TD) today (September 19) announced that a bus parade cum exhibition will be held from October 19 to 22 to engage with the public to witness the development of bus services to celebrate the occasion.

The bus parade cum exhibition will feature buses from the past and present. Co-organising the event, three franchised bus operators (FBOs) will each present different types of bus models in the parade to be held on the morning of October 19. They will depart from Victoria Park in Causeway Bay for Central Ferry Piers along the northern shore of Hong Kong Island. Members of the public are welcome to enjoy the sight of the buses along the route across the districts. On the afternoon of the same day, a four-day exhibition will be held at the soccer pitches of Victoria Park, featuring a number of retired and in-service buses (including the newly introduced new-energy buses), as well as various kinds of bus service-related memorabilia.

A spokesman for the TD said, "Buses have been one of the most popular modes of public transport in the city. As the first bus parade cum exhibition to be held by the Hong Kong Special Administrative Region Government amid National Day celebrations, the public can take the opportunity to view the various bus models and valuable exhibits contributed by FBOs in one go, and review the development of franchised bus services in Hong Kong over the past 75 years, which is an invaluable opportunity and of great significance. Members of the public are welcome to join the event and share the joy of the celebrations together."

Admission is free for the bus exhibition. Members of the public may register and pre-book the date and time slot of their visits through Cityline (www.cityline.com) from 11am tomorrow (September 20). Quotas are limited and will be available on a first-come, first-served basis. Upon successful registration, they can visit the exhibition with a QR code at the selected time slot. Each visitor can obtain one commemorative ticket on-site. Details of the bus parade will be announced later.

The bus parade and exhibition is fully supported by Radio Television Hong Kong (RTHK). The TD will present the development of bus services and event details through RTHK's various platforms and programmes, the media and the social media during the following month. The public may refer to the TD's website (www.td.gov.hk), Agent T Facebook page (www.facebook.com/AgentT.hk) and Cityline’s website or mobile application for the latest updates.