Macao on BDA

The Monetary Authority of Macao issued a “press release”: the other day in response to the US Treasury Dept’s “announcement”: RE: BDA.

Here’s the text:

The Monetary Authority of Macao (AMCM) is aware of the latest announcement on a final rule concerning Banco Delta Asia as a ‘primary money laundering concern’. Regarding the decision of the United States Department of the Treasury, AMCM expresses its deep regret. The MSAR Government will soon make an official response.

In response to the development, Banco Delta Asia will continue to be under the management of the MSAR Government. Under any circumstances, the MSAR Government will take necessary measures to protect the interests of depositors and safeguard the stability of the financial system.

Original post “here.”:

Leave a Reply

Your email address will not be published. Required fields are marked *