IDEAS home Printed from https://ideas.repec.org/a/aza/jsoc00/y2025v17i3p282-294.html
   My bibliography  Save this article

The Macau bond market: The need for a comprehensive securities law

Author

Listed:
  • Neng, Tam Chi

    (Office of the Secretary for Economy and Finance, China)

Abstract

This paper examines Macau’s bond market development as a strategy for economic diversification, highlighting the need for a comprehensive securities law (Lei dos Valores mobiliários [LVM]). Recent progress includes the establishment of the China (Macau) Financial Assets Exchange Co. Ltd (MOX) and the Macao Central Securities Depository and Clearing (MCSD), which have improved market infrastructure and transparency. The current fragmented regulatory framework, however, requires the LVM to streamline oversight and enhance investor confidence. The LVM is crucial for fostering a liquid secondary market and positioning Macau as a competitive financial hub. This article is also included in The Business & Management Collection which can be accessed at https://hstalks.com/business/.

Suggested Citation

  • Neng, Tam Chi, 2025. "The Macau bond market: The need for a comprehensive securities law," Journal of Securities Operations & Custody, Henry Stewart Publications, vol. 17(3), pages 282-294, June.
    • Handle: RePEc:aza:jsoc00:y:2025:v:17:i:3:p:282-294
    as

    Download full text from publisher

    File URL: https://hstalks.com/article/9523/download/
    Download Restriction: Requires a paid subscription for full access.
    File URL: https://hstalks.com/article/9523/
    Download Restriction: Requires a paid subscription for full access.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Macau; bond market; securities law; economic diversification and financial infrastructure;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aza:jsoc00:y:2025:v:17:i:3:p:282-294. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Henry Stewart Talks (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.