Macao's monetary authority and financial supervisor. Law 13/2023 gives it supervision, coordination and inspection of the financial market and of financial institutions.
What they do
Authorises and inspects banks and other credit institutions, insurers, pension fund managers and other financial institutions, and can issue rules by notice or circular on capital adequacy, risk management, governance, conduct, disclosure and auditing. It licenses insurance mediators under Law 15/2024 and supervises the AML/CFT duties of the entities under its oversight under Administrative Regulation 7/2006. Macao has no separate insurance, pensions or securities supervisor in the texts reviewed, so these units sit within the AMCM.
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