The Monetary Authority of Macao (AMCM), together with the Macao SAR Government’s Legal and Judicial Training Centre, held a thematic seminar for local judges and public prosecutors on the supervision of the bond market and its development trends, with speakers from AMCM and Hong Kong’s legal and financial sectors. Sessions covered the recent evolution and outlook of Macao’s bond market and the local supervisory framework for bond-related activities, including supervisory guidance on issuance, registration and settlement, information disclosure, underwriting and trusteeship, supported by case-based walkthroughs of issuance processes and key practical considerations. Hong Kong legal practitioners shared practical experience on handling bond defaults, liquidation procedures and response measures used in international and regional bond markets, including case studies on relevant legal procedures. Representatives of institutions involved in Hong Kong’s bond market infrastructure connectivity also outlined the current state of Mainland China and Hong Kong securities markets and described transaction models and development trends under the interconnection mechanism between the two bond markets. AMCM and the training centre indicated they will continue organising practical training on financial legislation for judicial and legal professionals, citing rising demand for applied “finance + legal” knowledge as Macao’s financial activities diversify and related laws and regulations are progressively refined.

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