The Hong Kong Monetary Authority and the Monetary Authority of Macao have signed a revised Memorandum of Understanding to strengthen bilateral cooperation and broaden it beyond their longstanding collaboration in banking supervision. Under the updated framework, cooperation is expanded to cover financial infrastructure linkage, information exchange on currency and data statistics, and industry training and engagement, reflecting a wider agenda for financial collaboration between Hong Kong and Macao in the context of the Guangdong-Hong Kong-Macao Greater Bay Area.