The Monetary Authority of Macao held, for the first time in Macao on 2 and 3 June, the 11th Meeting on Payment Systems of the Central Banks of Portuguese-speaking Countries. The event brought together representatives from the central banks of Portugal, Cape Verde, Sao Tome and Principe, Timor-Leste, Brazil and Mozambique for technical exchanges on fintech, payment system security and development, and cybersecurity. In opening remarks, Executive Board member Lau Hang Kun framed the meeting as part of Macao's role as a financial services platform between China and Portuguese-speaking countries. Delegates also attended the authority's 1 June high-level conference on central bank digital currencies and innovative cross-border applications between China and Portuguese-speaking countries, and the authority said it will continue close contacts and exchanges with peer supervisory authorities in Portuguese-speaking jurisdictions.