Objective 1.1

Ease of movement of people, capital, services and data across borders

Action 1.1E

In progress

The Government will lead and contribute to financial regulation capacity building in the Indo-Pacific, including sharing of best practice in digital delivery and regulation of financial services.

Department of the Treasury

Outcome 1
Outcome 1
Free and open international trade in services
Industry
recommendation/s
Description
Government response
Related Action/s
12E

Increase, expand and accelerate capacity-building projects which focus on financial services regulation in the APEC region.
Agreed-in-principle
Action 1.1E

Progress to date

The Australian Securities and Investments Commission (ASIC) is contributing to the Asia-Pacific Economic Cooperation (APEC) Financial Regulator Training initiative, and delivers capacity building within their available resources.

Australia is also funding an APEC project on best-practice regulation and use of FinTech and RegTech to support standards for accreditation, licensing and regulatory frameworks for financial services.