HK Customs To Crack Down On CBD Products
"); jQuery("#212 h3").html("

"); });
2023-01-27 HKT 14:54
Customs officials on Friday reminded Hongkongers travelling abroad to avoid bringing CBD products back into the SAR, even though they might be legal in other countries.
CBD is a chemical derived from cannabis plants, and can be found in the form of food, drinks, health supplements or skincare goods.
The SAR will list CBD as a dangerous drug from February 1 – essentially banning its manufacture, import and export, sale, as well as possession.
Chan Kai-ho, a divisional commander of the customs' airport command, said travellers are responsible for checking whether the products they bring back contain CBD.
"Normally they will have a label describing that they have CBD, if not they will have some symbols, for example the zigzag leaf, and the symbol of hemp. Just take a look at it," he said.
When asked whether there will be a grace period after the law takes effect, Chan said authorities will not tolerate illegal drug trafficking.
He also advised people to dispose of their CBD products in designated boxes inside government buildings by February.
Manulife Names Wilton Kee As CEO For Hong Kong And Macau
Manulife has appointed Wilton Kee as the new Chief Executive Officer for its Hong Kong and Macau operations, effective ... Read more
Banks Are Not Ready For AI | Singapore AI CxO Roundtable
In this exclusive roundtable jointly hosted by Fintech News Network and Alteryx, senior banking leaders in Singapore sh... Read more
Mizuho Bank To Invest In Rakuten Bank In October
Mizuho Bank will shift its investment into a 5.81% stake in Rakuten Bank, according to Japan Today. The move allows the... Read more
Forthright Subsidiaries Secure SFC Approval For Virtual Asset Services Across 3 Licenses
Forthright Securities and Forthright Capital have received approval from the Securities and Futures Commission (SFC) to... Read more
SFC Names Elisa Ng To Lead Investment Products, Reappoints Lisa Chen
The Securities and Futures Commission (SFC) has appointed former J.P. Morgan Asset Management executive Elisa Ng as its... Read more
Mastercard And JD.com Partner To Expand Cross-Border Payment Options In China
Mastercard and JD.com have entered a strategic partnership to develop cross-border supply chain finance tools for busin... Read more