GUIDANCE FOR LICENSING APPLICATIONS:

• Credit Institutions (including Banks)
• Finance Companies
• Wealth Management Companies
• Investment Fund Management Companies
• Financial Leasing Companies
• Payment Services Institutions
• Money Changers
• Cash Remittance Companies
• Financial Intermediaries and Other Financial Institutions¹

APPLICATIONS ARE TO BE SUBMITTED TO:
The Banking Supervision Department
Monetary Authority of Macao
Calçada do Gaio, n.^os 24 e 26,
Macao

Email:
Phone: +853 28568856
Fax: +853 28301132

Contents

Part A. Overview of Licensing Regime

Part B. Application Procedures

Part C. Licensing Requirements / Criteria and Information to be provided in the Applications:

1. Incorporation of a credit institution
2. Opening of a branch in Macao by credit institution incorporated overseas
3. Setting up of a subsidiary or opening of a branch / representative office overseas by credit institution incorporated in Macao
4. Incorporation of a finance company
5. Incorporation of a wealth management company
6. Incorporation of an investment fund management company
7. Incorporation of a financial leasing company
8. Incorporation of a payment service institution
9. Incorporation of a money changer
10. Incorporation of a cash remittance company
11. Setting up of a financial intermediary or other financial institution

¹Excluding financial institutions that transact insurance activities and/or manage private pension funds