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(Yicai Global) Dec. 19 -- Macau has been included among the overseas areas eligible for investment in insurance funds to support the development of the Guangdong-Hong Kong-Macau Greater Bay Area, China's China Banking and Insurance Regulatory Commission recently announced in a notice.
Insurance institutions must strictly abide by domestic and Macau laws, administrative regulations and relevant regulatory requirements when investing in the special administrative district and set up and optimize investment management and control systems to avert risks.
Editor: Ben Armour