The Macau Monetary Authority (AMCM), in collaboration with the Macau Institute of Financial Services (IFS), held a closing ceremony yesterday at the Forum Macao complex in Nam Van for its three-week training course for insurance examiners from Portuguese-speaking countries and the “Associação de Supervisores de Seguros Lusófonos (ASEL)”, aiming to promote the role of Macau as a “Sino-Portuguese Financial Services Platform” and to explore the optimisation of insurance supervision, according to a statement by Macau’s monetary regulator.
AMCM Board member Vong Lap Fong said in a speech during yesterday’s closing ceremony that this year’s course had the largest number of trainees from Portuguese-speaking countries ever, with 12 participants from Angola, Mozambique, São Tomé and Príncipe and Timor-Leste (East Timor).
According to Vong, the course included a visit to the Guangdong-Macau In-depth Cooperation Zone in Hengqin and training provided by the monetary regulator, the Institute of Financial Services and the Macau Insurance Industry Professionals Association, which enabled the trainees to familiarise themselves with Macau’s insurance system and market operations.
Vong said that the course had been receiving positive feedback from the Portuguese-speaking countries, adding that AMCM will be working closely with ASEL, which will also host the annual ASEL conference in Macau next year.
AMCM Board Chairman Chan Sau San said in a speech during yesterday’s closing ceremony that a total of 11 financial institutions from eight Portuguese-speaking countries have signed cooperation agreements with AMCM to continuously exchange experience in financial industry development, organise staff training and develop cooperation in regulatory matters, so as to promote cooperation with Portuguese-speaking countries in the financial sector in an orderly manner in the future.
Secretary-General of the Permanent Secretariat of the Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries (Forum Macao) Ji Xianzheng said in a speech during yesterday’s ceremony that the forum will continue to strengthen cooperation with AMCM and other institutions to promote Macau as a “renminbi (RMB) clearing centre for Portuguese-speaking countries”, a “financing platform for enterprises in Portuguese-speaking countries” and a “financing and leasing platform for Portuguese-speaking countries”.
This handout photo provided by the Macau Monetary Authority (AMCM) yesterday shows trainees from Portuguese-speaking countries and members of the “Associação de Supervisores de Seguros Lusófonos” (ASEL) attending a recent briefing during a visit to the Guangdong-Macau In-depth Cooperation Zone in Hengqin.
