Money Changers Ordinance

(1)
Where a money changer advertises the rates of exchange for any currency, whether on a board or otherwise, the money changer
shall—
(a)
give equal prominence to buying rates and selling rates for each currency; and
(b)
display the buying and selling rates in such a way that a potential customer is able to compare the buying rate with the selling rate for any currency without the need to refer to more than one board.
(2)
A money changer shall not
advertise—
(a)
that he charges a commission on an exchange transaction;
(b)
that he charges no commission on an exchange
                    transaction;
(c)
that he makes any other charge on an exchange transaction; or
(d)
that he does not make any other charge on an exchange transaction.
(3)
A money changer who contravenes this section commits an offence and is liable
                to a fine
                at
                level 2 and to imprisonment for 6 months.
(Amended
E.R. 2 of
                2021
)