The Monetary Authority of Macao also known as Monetary Authority of Macau (Portuguese: Autoridade Monetária de Macau, abbr. as AMCM; Chinese: 澳門金融管理局) is a regulatory institution established on December 20, 1999, upon the transfer of the sovereignty of Macau from Portugal to the People's Republic of China as the Macau Special Administrative Region (MSAR).
Read more about Monetary Authority Of Macao: History, Offices, Chairman, Monetary Authority of Macao
Famous quotes containing the words monetary and/or authority:
“In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.”
—Ezra Pound (1885–1972)
“Authority and power are two different things: power is the force by means of which you can oblige others to obey you. Authority is the right to direct and command, to be listened to or obeyed by others. Authority requests power. Power without authority is tyranny.”
—Jacques Maritain (1882–1973)