The following is issued on behalf of the Hong Kong Monetary Authority:

     ​The representatives of the Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) held a meeting today (March 3) to foster closer financial co-operation between the two authorities in several key areas. During the meeting, they signed a revised Memorandum of Understanding (MOU).

     The HKMA and the AMCM have maintained close co-operation in banking supervision for many years. Building on the existing framework, the revised MOU expands the scope of collaboration to cover additional areas including financial infrastructure linkage, information exchange on currency and data statistics, and industry training and engagement.
 
     The Chief Executive of the HKMA, Mr Eddie Yue, said, "As core cities in the development of the Guangdong-Hong Kong-Macao Greater Bay Area, Hong Kong and Macao share a common goal to maintain financial stability and support financial development. Our joint efforts not only enhance mutual synergy but also enable both cities to make greater contributions to the country's economic and financial development. The revised MOU expands our co-operation to broader areas such as financial infrastructure and information exchange, laying a more solid foundation for deepening financial collaboration between Hong Kong and Macao."

     The Chairman of the AMCM, Mr Simon Vong, said, "The financial co-operation between Macao and Hong Kong is built on solid foundations. In recent years, both sides have been continued to explore new areas for collaboration, including the bond market and financial infrastructures. The newly amended MOU will serve to deepen and broaden the comprehensive co-operation between the two authorities, enabling both parties to uphold the sustained and steady development of our financial markets, while also providing strong support for the national strategic goal of developing the Guangdong-Hong Kong-Macao Greater Bay Area into an international financial hub."

Ends/Tuesday, March 3, 2026
Issued at HKT 16:20

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