The visits have brought recognition of the fine results of our financial sector and laid a solid foundation for exploring overseas markets, business liaison and cooperation. From the regulator’s point of view, the visits have enhanced the effectiveness and quality of supervision, strengthened mutual working relationship via the signing of memoranda of understanding with regulatory authorities of Portuguese speaking countries.
In a way, these visits have facilitated the internationalization of the financial supervision of the MSAR. I take this opportunity to introduce to you ladies and gentlemen how AMCM encourages the local financial sector to strengthen their overseas networking. I hope you can share my view in this respect. A regulator should be true to its job by assiduously fulfilling its supervisory duties.