The diversification of Macau’s economic activity has been one of the main goals announced by successive Macau SAR governments on various occasions or in various documents over the years. Moreover, for more than a decade, one of the main sectors chosen to achieve this objective has been the development of the Macau SAR’s financial sector. In order to attain this goal, one of the most important announcements made by the Government was to enable the development of institutional and legal mechanisms that…