Examples of Monetary Authority of Macao in a sentence
Certain Sub-Funds have been authorized by the Monetary Authority of Macao (AMCM) for distribution in Macau.
In the financial sphere, a plan to implement a two-way cross-boundary wealth management connect pilot scheme (‘Wealth Management Connect’) was announced jointly by the People’s Bank of China, the Hong Kong Monetary Authority and the Monetary Authority of Macao in June.
Any claim for Eligible Expenses made by the Insured Person in any foreign currency shall be converted to HKD or MOP at the opening indicative counter exchange selling rate published by Monetary Authority of Macao in respect of that foreign currency for the date on which the claim is settled by the Company.
In the case of Macao, financial sector statistics compiled by the Monetary Authority of Macao (the AMCM) contain two measures of money supply, namely, the narrow 1 1 The IFS is a standard source of statistics on all aspects of international and domestic finance.
In Macao, only financial institutions authorized by the Monetary Authority of Macao are allowed to accept deposits from the public and use the proceeds to make consumer or commercial loans.
The Company shall at all times perform its obligations in this Policy in utmost good faith and comply with the relevant guidelines issued by the Monetary Authority of Macao, and all applicable laws and regulations.
The investment instruments shall be those permitted by the Monetary Authority of Macao, including but not limited to fixed income instruments, stocks, unit trusts, mutual funds and pooled investment funds.
Completion of the Disposal is conditional upon, among others, the obtaining of the approval of Autoridade Monetaria e Cambial de Macau (“AMCM”), the Monetary Authority of Macao, on or before 31st December, 2016.
In June 2020, the People's Bank of China, the Hong Kong Monetary Authority and the Monetary Authority of Macao announced the implementation of the two-way cross-boundary wealth management connect pilot scheme Wealth Management Connect in the Greater Bay Area, under which residents in Hong Kong, Macao and nine cities in Guangdong Province could carry out cross- boundary investment in wealth management products distributed by banks in the area15.
Nova holds an Insurance Broker Company License granted by the Insurance Authority (“IA”) while our Macau branch office is a licensed broker under AMCM (Monetary Authority of Macao).