Monetary authority engages 10 companies in investment fund drive

 24/11/25


Monetary authority engages 10 companies in investment fund drive

By
 Aries Un

Macau’s monetary authority is currently in talks with 10 institutions over investment fund pursuits in the territory, with promotional work expected to stretch into the first half of 2026.

Macau introduced a new law on investment funds in July 2025, setting the stage for this burgeoning industry to develop.

According to Simon Vong Sin Man, acting chairman of the Monetary Authority of Macao (AMCM), the authority has already taken a proactive approach in engaging potential investment management companies.

Responding to lawmaker Kevin Ho King Lun’s questions about the current status on Monday, the official said that a “final number and timeline” would depend on interaction between both sides.

For the foreseeable future, the government will continue promotions, seminars, and exchange sessions in its push for the industry’s development.

Macau is currently embracing a transition to a hub of modern finance, one of the four new economic mainstays the government intends to build to reduce dependence on gambling.

“Macau’s modern financial industry started out later than in other regions, but the city is now working hard to accelerate its growth,” Vong told legislators.

“The first goal is to bring in more banks, financial products, skilled professionals, and investment money, so the sector can grow stronger and bigger.”

Vong also briefed lawmakers on how far the government has come in drafting a securities law, saying “legislative work” has already commenced to establish a framework.

The authority is looking to establish a framework focused on “inclusivity” and “operability.”

The official said that a “capable law firm has been commissioned to assist in advancing the work”.

Vong told the chamber that the authority also welcomes “local participation”, meaning government support and favourable treatment will be provided to local institutions that meet legal requirements to operate asset management services, including funds held by the authority.

As part of the government‑spearheaded effort to lay the groundwork for a more finance‑friendly ecosystem, the authority is also building a guiding fund for industrial development.

The official said that pre‑launch surveying had already been completed, with a third‑party organisation entrusted with providing assistance for design work.

https://www.macaubusiness.com/monetary-authority-engages-10-companies-in-investment-fund-drive/

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