The Monetary Authority of Macao (AMCM) noted recent media reports about the use of China UnionPay (CUP) cards in Macao, and that UnionPay has been restricting CUP cards from being used in the gaming industry since inception. During the course of on-going supervision of card acquiring services by banks, AMCM may, in accordance with any changes in and development of the market, streamline or strengthen relevant risk management and on-going customers due diligence, with the objective of promoting healthy development of the sector. As always, AMCM takes effective measures as necessary to ensure law enforcement in order to safeguard the soundness and stability of the Macao Financial System.
