The Monetary Authority of Macao (AMCM) participated in the 35th Lisbon Meeting between the central banks of Portuguese-speaking countries and held meetings in Portugal, framing the engagement around deeper financial cooperation between China and Portuguese-speaking jurisdictions. In remarks at the meeting, AMCM’s Acting Chairman of the Board of Directors, Vong Sin Man, set out steps to accelerate the development of Macau’s bond market as a bridge to Mainland China and a connection to international markets, including phased upgrades to Macau’s central bond market infrastructure, the Central Securities Depository of Macao (CSD), to align with international practices and support multi-currency settlement and multi-tier custody models. AMCM also highlighted that Macau’s renminbi real-time gross settlement system (RMB RTGS) can provide Portuguese-speaking countries with more convenient renminbi settlement services. Separately, AMCM visited Portugal’s Authority for Insurance and Pension Funds Supervision to discuss the feasibility of establishing an advanced training centre for supervisors under the Association of Lusophone Insurance Supervisors (ASEL). AMCM reported it has bilateral cooperation agreements with 12 financial supervisory authorities across eight Portuguese-speaking countries and intends to continue deepening cooperation.
Monetary Authority of Macao 2025-10-15
Monetary Authority of Macao participates in 35th Lisbon Meeting of Portuguese-speaking central banks and explores ASEL supervisor training centre with Portugal
The Monetary Authority of Macao (AMCM) joined the 35th Lisbon Meeting with central banks of Portuguese-speaking countries to enhance financial cooperation with China. AMCM outlined steps to develop Macau’s bond market and improve its Central Securities Depository for multi-currency settlement. Additionally, AMCM discussed establishing a training centre for supervisors with Portugal’s Authority for Insurance and Pension Funds Supervision.