Acknowledge receipt of the application for license of financial institution/fund

Acknowledge receipt of the application for license of financial institution/fund – Insurance Supervision


Application procedures

Types of insurance institutions:

  1. Insurer with head office in the Territory
  2. Branch office of insurer with head office overseas
  3. Representative office of insurer with head office overseas
  4. Reinsurer with head office in the Territory
  5. Representative office of reinsurer with head office overseas

Upon receiving an application for establishment of an insurance institution, a confirmation acknowledging receipt will be issued to the applicant by Insurance Supervision Department.


Service location and office hours

Calçada do Gaio, No. 24-26, Macau

Monetary Authority of Macao

Insurance Supervision Department

Monday to Thursday, 9 am to 1 pm and 2:30 pm to 5:45 pm

Friday, 9 am to 1 pm, 2:30 pm to 5:30 pm

 

Phone: (853) 8395 2280

Fax: (853) 2830 1828

Email: dsg@amcm.gov.mo

Website: http://www.amcm.gov.mo


Fees

Application fee: Free of charge.

Supervisory fee: Insurers and reinsurers authorised to carry on their activity in the Territory shall be subject to the payment of an annual supervisory fee. The amount of supervisory fee for each year shall be fixed by AMCM by way of notice, to be published in the Official Gazette in the month of December of each year, and the payment and collection of such fee, shall be effected through this entity during the following month of January.


Time required for approval

Approval time is subject to the actual situation of the application.


Respective regulations or requirements

Please refer to the link below:

Decree-Law no. 27/97/M of 30 June


Content provider: Monetary Authority of Macao (AMCM)

Last modified: 2018-11-20 10:33

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All information on this site is based on the official language of the Macao Special Administrative Region. The English version is the translation from the Chinese originals and is provided for reference only. If you find that some of the contents do not have an English version, please refer to the Traditional Chinese or Portuguese versions.