Supervision of Dealers in Precious Metals and Stones — Registration for Dealers in Precious Metals and Stones (C&ED web page)

1. <span class="underline">Precious metal</span>: gold, silver, platinum, iridium, osmium, palladium, rhodium or ruthenium, in a manufactured or unmanufactured state;

2. <span class="underline">Precious stone</span>: diamond, sapphire, ruby, emerald, jade or pearl, whether natural or otherwise;

3. <span class="underline">Precious product</span>: any jewellery or watch that is made up of, containing or having attached to it, any precious metal or precious stone, or both;

4. <span class="underline">Precious-asset-backed instrument</span>: any certificate or instrument backed by one or more precious metals, precious stones or precious products that entitles the holder to such assets (in entirety or in part); but does not include— 1. any securities, a futures contract, any interest in a collective investment scheme, a structured product or an OTC derivative product as defined by the Securities and Futures Ordinance (Cap. 571); or 2. a virtual asset. <div class="accordion-wrap"> <div class="accordion active"> [Two categories of registration](javascript:;) <div id="accordion-content-n1" class="accordion-content" aria-hidden="false" aria-labelledby="accordion-control-n1" style="display: block;"> <div class="inner"> Any person who is seeking to carry on a business of dealing in precious metals and stones in Hong Kong and engage in any transaction(s) (whether making or receiving a payment) with total value at or above HKD120,000¹ in Hong Kong is required to register with the Commissioner of Customs and Excise. There are two categories under the registration regime as follows:

1. Any dealer who intends to engage in non-cash transaction(s) with total value at or above HKD120,000 in the course of business is required to register as a **Category A registrant**.

2. Any dealer who is seeking to engage in cash transactions with total value at or above HKD120,000 and non-cash transactions with total value at or above HKD120,000 in the course of business is required to register as a **Category B registrant**. A Category B registrant is subject to AML/CTF supervision. <span style="font-size: 10pt;">1 The HKD120,000 threshold includes an equivalent amount in another currency</span> - <div class="showhideWrap"> [Transitional period<span></span>](javascript:;) <div id="import1" class="showhideContent"> To facilitate existing dealer's migration to the Regime, precious metals and stones dealers who have been in operation before commencement of the Regime are allowed to apply for registration within 9 months after commencement of the Regime (i.e. Apr – Dec 2023). Any person, who would like to start up a precious metals and stones business after commencement of the Regime and plan to carry out specified transactions and/or specified cash transactions, is required to register before carrying out any specified transactions and/or specified cash transactions. </div> </div> - <div class="showhideWrap"> [Penalty<span></span>](javascript:;) <div id="retail1" class="showhideContent"> Any person, other than a registrant, carries out a specified transaction or a specified cash transaction, claims to be authorized to carry out a specified transaction or a specified cash transaction, or claims to be a registrant, commits an offence and is liable on conviction to a maximum fine of HK$100,000 and imprisonment for 6 months. </div> </div> - <div class="showhideWrap"> [Guide<span></span>](javascript:;) <div id="retail2" class="showhideContent"> [Registration Guide](/hcms/filemanager/en/content_289/Registration_Guide.pdf) This Registration Guide is provided for any dealer to determine whether the dealer shall apply for a registration, which category of registration is appropriate and understand the respective application details. </div> </div> - <div class="showhideWrap"> [Forms<span></span>](javascript:;) <div id="import3" class="showhideContent"> Application Form of Category A Registration   </div> </div> </div> </div> </div> <div class="accordion active"> [DPMS iPASS](javascript:;) <div id="accordion-content-n3" class="accordion-content" aria-hidden="false" aria-labelledby="accordion-control-n3" style="display: block;"> <div class="inner"> ### What is DPMS iPASS? DPMS iPASS is an online self-assessment tool launched by the Customs and Excise Department (C\&ED). It enables any person, who is seeking to carry on a business of dealing in precious metals and stones in Hong Kong, to perform a quick and simple self-assessment on whether he or she is required to apply for registration, the appropriate category of registration, and his or her eligibility and readiness to apply for registration. ### How it works? Registration is granted to dealers in precious metals and stones with due consideration of various factors, including but not limited to the items listed in DPMS iPASS. Participants will take about 5-10 minutes to answer all questions set out in this self-assessment. Before taking the assessment, participants are strongly advised to study the [Anti-Money Laundering and Counter-Terrorist Financing Ordinance, Cap. 615 (AMLO)](https://www.elegislation.gov.hk/hk/cap615!en?INDEX_CS=N) and the C\&ED's publications related to the registration regime for dealers in precious metals and stones. The assessment results will indicate the participants as "Registration is not required", or "Registration of Category A / B registration is required" and show the readiness level as "High readiness and eligibility", "Medium readiness and eligibility" or "Not yet ready / ineligible". For details, please visit the [website of the C\&ED](/en/service-enforcement-information/anti-money-laundering/supervision-of-dealers-in-precious-metals-and-ston/index.html) or [the Dealers in Precious Metals and Stones Registration System](https://www.drs.customs.gov.hk/index?request_locale=en). | Overall Grading | Required category, eligibility and readiness for registration | | --------------- | ---------------------------------------------------------------------------------------------- | | Grey | Registration is not required | | Green | Registration of Category A / B registration is required, with high readiness and eligibility | | Yellow | Registration of Category A / B registration is required, with medium readiness and eligibility | | Red | Registration of Category A / B registration is required, but not yet ready / ineligible | [<span> Start DPMS iPASS (Self Test) </span>](../../../../hcms/filemanager/common/dpms-ipass/en/index.html) For further enquiries, please contact the Dealers in Precious Metals and Stones Supervision Bureau by sending email to <dpms_enquiry@customs.gov.hk> or calling the hotlines at 3580 1483 (Chinese) or 3580 1484 (English). </div> </div> </div> <div class="accordion active"> [Non-Hong Kong Precious Metals and Stones Dealer](javascript:;) <div id="accordion-content-n2" class="accordion-content" aria-hidden="false" aria-labelledby="accordion-control-n2" style="display: block;"> <div class="inner"> A non-Hong Kong precious metals and stones dealer is a person who deals in precious metals and stones in Hong Kong where— 1. the person— 1. either— 1. is an individual who does not ordinarily reside in Hong Kong; or 2. is a legal person, other than an individual, that is incorporated or established outside Hong Kong and neither a registered non-Hong Kong company nor a re-domiciled company; and 2. does not have a place of business in Hong Kong; and 2. the total number of days on which the person's precious metals and stones business is carried on in Hong Kong does not exceed 60 days in a calendar year. ### Obligations of a non-Hong Kong precious metals and stones dealer A non-Hong Kong precious metals and stones dealer must file a cash transaction report which shall include travel information and particulars of the dealer and/or the person acting on behalf of the dealer (as appropriate), particulars of the customer and transaction details to the Customs and Excise Department for any specified cash transactions carried out within 1 day after the transaction, or the earliest time when the dealer or the person acting on behalf of the dealer leaves Hong Kong, whichever is earlier. - <div class="showhideWrap"> [Penalty<span></span>](javascript:;) <div id="retail3" class="showhideContent"> Any non-Hong Kong precious metals and stones dealer fails to report a specified cash transaction commits an offence and is liable on conviction to a maximum fine of HK$50,000 and imprisonment for 3 months. </div> </div> - <div class="showhideWrap"> [Forms<span></span>](javascript:;) <div id="retail4" class="showhideContent"> [Cash Transaction Report](/hcms/filemanager/common/pdf/pdf_forms/ced418.pdf) Non-Hong Kong Precious Metals and Stones Dealer can download the above cash transaction report and submit the completed form in person or by fax. </div> </div> </div> </div> </div> <div class="accordion btn-only"> [FAQs](/en/faqs/dealers-in-precious-metals-and-stones/index.html) </div> ## Seminars Seminar for providing more information about the regulatory regime of the Dealers in Precious and Stones will be organized by the Customs and Excise Department. Enrolment details are as follows. The enrolment of this seminar was ended. Date </div> Venue Time Language Total seats available Enrolment Method 29.09.2026 (Tue) Unit 3501, 35/F, Skyline Tower, 39 Wang Kwong Road, Kowloon Bay, Kowloon 15:00 – 17:00 Cantonese 30 For enrolment, please send email to <dpms_seminar@customs.gov.hk> with the following information of each participant:

1. Name of Participant

2. Post Title

3. Name of Company

4. Registered address of Company

5. Business Registration (BR) No. / Hawker Licence No.

6. Contact No. Our department will send an acknowledgement email to you after receipt of the above information. ## Promotional Videos ### TV Announcement in the Public Interest <div class="videoWrap"> [<span class="play"></span>](https://youtu.be/HjzNtuj0IbA) </div> ### Information Video (for local dealers and the public) <div class="videoWrap"> [<span class="play"></span>](https://youtu.be/fgwrHOUik30) </div> ### Information Video (for non-Hong Kong precious metals and stones dealers) <div class="videoWrap"> [<span class="play"></span>](https://youtu.be/Puou_Kn3NDk) </div> ### Animated Promotional Video <div class="videoWrap"> [<span class="play"></span>](https://youtu.be/3YTCoDdI-84) </div> <div class="videoWrap"> [<span class="play"></span>](https://youtu.be/-EfgpgeRraQ) </div> <div class="videoWrap"> [<span class="play"></span>](https://www.youtube.com/watch?v=KeBERswzpMI) </div> ## More Information Starting from 1 April 2023, a dealer can submit the application form or cash transaction report and know more about our regulatory regime through the website below. [www.drs.customs.gov.hk](https://www.drs.customs.gov.hk/index?request_locale=en) ## Contact Us Customs and Excise Department Dealers in Precious Metals and Stones Supervision Bureau Unit 3501, 35/F, Skyline Tower, 39 Wang Kwong Road, Kowloon Bay, Kowloon | | | | | ------------------------ | - | ----------------------------- | | Office hours | | | | Monday to Friday | | 8:45 a.m. to 12:30 p.m. | | (Except Public Holidays) | | 1:30 p.m. to 5:30 p.m. | | Telephone | : | (852) 3580 1483 (Chinese) | | | | (852) 3580 1484 (English) | | Fax | : | (852) 3580 1485 | | Email | : | <dpms_enquiry@customs.gov.hk> | <div id="div_generated_pagename" style="display:none;"> Supervision of Dealers in Precious Metals and Stones </div>