1、Asia Pacific Financial Services Regulatory UpdateQ1 2025April 2025 2025.For information,Contact Deloitte Touche Tohmatsu Limited.01Australia 5-11 02Mainland China 12-1403India 19-2205Introduction and Summary 3-4Indonesia 23-25 06Hong Kong SAR 15-1804Japan 26-29 07New Zealand 3109Singapore 32-341112T

2、aiwan 35-3613Malaysia 3008Table of ContentsVietnam 37-38 2025.For information,Contact Deloitte Touche Tohmatsu Limited.3IntroductionAustraliaMainland ChinaHong Kong SARIndonesiaJapanMalaysiaSingaporeNew ZealandSummaryIndiaVietnamTaiwanAsia Pacific Financial Services Regulatory Update Q1 2025Contacts

3、IntroductionDear clients and colleagues,The Deloitte Asia Pacific Centre for Regulatory Strategy is pleased to share with you the key regulatory updates from the Asia Pacific(AP)region for Q1 2025.This quarter saw a broad regulatory focus compared to Q4 2024,with AP regulators issuing significant up

4、dates on topics such as data&technology,financial products,and financial risks.Data and TechnologyIn the realm of data and technology,regulatory bodies across the region have introduced frameworks to harness the potential of emerging technologies while mitigating associated risks.For example,the Hon

5、g Kong Monetary Authority(HKMA)launched the Supervisory Incubator for Distributed Ledger Technology(DLT)on 8 January 2025.This initiative is designed to assist banks in integrating DLT with existing systems,with a particular focus on tokenised deposits.The Securities and Futures Commission(SFC)in Ho

6、ng Kong also presented a new roadmap on 19 February 2025,outlining 12 major initiatives under the“ASPIRe”framework to develop Hong Kong as a global virtual asset hub.In Japan,the Japan Financial Services Agency(JFSA)published an AI Discussion Paper on 4 March 2025,which aims to promote the sound uti