The HKMA and AMCM signed a revised Memorandum of Understanding ("MoU") on 3 March 2026 to expand financial cooperation in areas including financial infrastructure, information exchange, and industry training.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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On Tue, 03 Mar 2026, representatives of the Hong Kong Monetary Authority ("HKMA") and the Monetary Authority of Macao ("AMCM") signed a revised Memorandum of Understanding ("MoU") to enhance collaboration between the two authorities.
The agreement, concluded on 3 March 2026, expanded existing banking supervision cooperation to encompass financial infrastructure linkage, information exchange on currency and data statistics, and industry training and engagement.
Mr. Eddie Yue, Chief Executive of the HKMA, underscored the importance of the revised MoU in deepening financial ties, particularly focusing on financial infrastructure and information exchange.
Mr. Simon Vong, Chairman of the AMCM, emphasized the strong foundation of financial cooperation between Macao and Hong Kong, stressing that the revised MoU would support both authorities in maintaining steady financial market development and advancing the Greater Bay Area's national strategic goal to become an international financial hub.
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