Ease of movement of people, capital, services and data across borders
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.
Increase, expand and accelerate capacity-building projects which focus on financial services regulation in the APEC region.
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.