Staffers with the Hong Kong Customs check a suitcase of a “passenger” who is crossing the border during a drill Thursday in Hong Kong. A new ordinance will take effect July 16 in Hong Kong, which establishes a declaration and disclosure system on the cross-boundary transportation of large quantities of currency or bearer negotiable instruments worth HK$ 120,000 (US$15,290) or above, into and out of Hong Kong for the purposes of anti-money laundering and counter-financing of terrorism. Hong Kong China News Agencies |