Objective 1.1

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

Action 1.1E

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

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

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.