MONETARY AUTHORITY OF MACAO

Market Infrastructure

Hong Kong, Macao to Establish Bond Market Infrastructure Link

By Sanday Chongo Kabange | 17/09/2024

Investors in Hong Kong and Macao will be able to clear, settle and hold bonds in each other’s markets using their existing home market infrastructure.

Fintech / Regtech

Operational Procedures Updated for GBA Fintech Facility

By Sanday Chongo Kabange | 09/02/2024

The HKMA, PBOC and AMCM updated their operational procedures to reflect Macau’s participation in the facility.

Fintech / Regtech

PBOC to Establish Fintech Sandbox Links With Hong Kong, Macao

By Editors | 10/11/2023

The “network link-up” will provide a one-stop platform to facilitate cross-border fintech trials and strengthen supervisory cooperation.

Capital / Liquidity

Macau Amends Financial System Act to Boost Competitiveness

By Mark Johnston | 16/08/2023

The Act introduces a new type of licence for banks focusing on specialty business, among other changes.

Fintech / Regtech

Stanchart, PwC Examine CBDC Opportunities in GBA

By Sanday Chongo Kabange | 06/06/2023

The paper says the GBA is an ideal launch pad for CBDC pilots given its use of three different currencies and monetary authorities.

Market Infrastructure

Hong Kong, Macau Enable Real-time Payments Between Banks

By Editors | 03/11/2022

Macau already has a local RTGS system for local payments denominated in HKD. The new system enables real-time settlement of HKD payments between Macau and Hong Kong banks.

Skills Gap a Key Bottleneck for Macao Financial Sector: IMF

By Sanday Chongo Kabange | 02/02/2022

The IMF proposes a multi-prong approach to bridge the skills gap and support the development of modern financial services in Macao.

Market Infrastructure

19 Hong Kong Banks Approved to Participate in Wealth Connect

By Manesh Samtani | 19/10/2021

Citibank, Hang Seng Bank, HSBC, ICBC, and Standard Chartered are among those that will participate in both the southbound and northbound schemes.

Market Infrastructure

20 HK Banks Apply to Participate in Wealth Connect – Report

By Editors | 28/09/2021

Balanced funds, money market funds, equity and bond funds are reportedly among the more than 100 types of investment funds awaiting the HKMA’s approval.