Pedro Cortés and Calvin Chui have penned an article on Lexology about Macau’s recently passed Investment Funds Law (IFL).

The Legislative Assembly approved this law on July 14, 2025, marking the first comprehensive reform of the investment funds regime since 1999.

Scheduled to come into effect on January 1, 2026, the IFL plays a vital role in Macau’s “1 + 4” economic diversification strategy, focusing on fostering growth in modern finance and technology.

Key highlights of the IFL include, among other important features:
– Modernized Fund Structures with the introduction of dual public-private fund types and flexible organizational forms.
– Enhanced Investor Protection, implementing stricter disclosure and governance requirements to enhance investor confidence.
– Attractive Market Environment, with the removal of previous barriers to make Macau an attractive hub for international fund sponsors.

This legislative overhaul not only aligns Macau with global best practices but also positions the region as a competitive player in the asset management industry.

You can access the full article here (with registration at Lexology).