1、Asia Pacific Financial ServicesRegulatory UpdateQ1 2023 April 2023 2023.For information,Contact Deloitte Touche Tohmatsu Limited.Asia Pacific Financial Services Regulatory Update Q1 2023IntroductionAustraliaMainland ChinaHong Kong SARIndonesiaJapanMalaysiaSingaporeSouth KoreaThailandNew ZealandSumma
2、ryIndiaPhilippinesTaiwan(China)VietnamContacts2IntroductionDear clients and colleagues,The Deloitte Asia Pacific Centre for Regulatory Strategy(ACRS)is pleased to share with you the key regulatory updates from our region for Q1 2023.This quarter,we would like to welcome Sean Moore(Partner,Australia)
3、to the ACRS.Sean joins as the new Australia co-lead,taking over the position from Mike Ritchie.Wed like to thank Mike for his leadership in the ACRS,and for his contribution to the financial services industry throughout an exemplary career spanning over 35 years.Reflecting on the past,focusing on th
4、e future:The first quarter of 2023 saw continued uncertainty,with inflationary pressures,ongoing supply chain issues,natural disasters,and geopolitical flashpoints in the region and beyond.Reflecting on these issues and the challenges they bring when setting their priorities for 2023 and beyond,gove
5、rnments and regulatory agencies across the Asia Pacific(AP)region continue to take active measures to strengthen the overall resilience of the financial ecosystem,whilst looking to the future.For example,in its priorities for 2023,the HKMA noted managing climate risk and assisting banks to transitio
6、n towards a low-carbon economy were key development priorities in 2023.In Australia,the prudential regulator,APRA,noted strengthening the overall financial and operational resilience of regulated entities was a key policy and supervision focus for 2023.Responding to recent market events and maintain