Activity Tracker

The DPA Activity Tracker provides our latest information on developments in legislatures, judiciaries and the executive branches of G20, EU member states and Switzerland.

40 events advancing 19 policy or regulatory changes:

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40 events advancing 19 policy or regulatory changes:
adopted

IOSCO Report on Retail Distribution and Digitalisation

Latest event Date: 2022-10-12 outline adoption
Published IOSCO Report on Retail Distribution and Digitalisation

On 12 October 2022, the Board of the International Organization of Securities Commissions (IOSCO) published the “Report on Retail Distribution and Digitalisation” analysing developments in online marketing and distribution of financial products to f…

Implementer
ArgentinaAustraliaBahamasBelgiumBrazil Load more
Policy area Other operating condition
Policy or regulatory element Consumer protection regulation
Economic activity online advertising provider
adopted

PCPD Guidance on Data Security Measures for ICT

Latest event Date: 2022-08-30 outline adoption
Published PCPD Guidance on Data Security Measures for ICT

On 30 August 2022, the Hong Kong Office of the Privacy Commissioner for Personal Data (PCPD) published the Guidance Note on Data Security Measures for information and communications technology (ICT). In particular, the guidance lists the security me…

Implementer
Hong Kong
Policy area Data governance
Policy or regulatory element Data protection regulation
Economic activity cross-cutting
adopted

Hong Kong-Singapore Memorandum of Understanding on personal data protection collaboration

Latest event Date: 2022-07-13 declaration adoption
Renewal of Memorandum of Understanding on personal data protection collaboration

On 13 July 2022, the Hong Kong Office of the Privacy Commissioner for Personal Data and Singapore’s Personal Data Protection Commission announced the renewal of their Memorandum of Understanding (MoU) on personal data protection collaboration. The f…

Implementer
Hong Kong
Policy area Data governance
Policy or regulatory element Data protection regulation
Economic activity cross-cutting
adopted

Report on Application of the Principles for Financial Market Infrastructures to stablecoin arrangements

Latest event Date: 2022-07-13 outline adoption
Adopted Guidance on the Application of the Principles for Financial Market Infrastructures to stablecoin arrangements

On 13 July 2022, the Bank for International Settlements' Committee on Payments and Market Infrastructures and the International Organisation of Securities Commissions published the Guidance on the Application of the Principles for Financial Market I…

Implementer
ArgentinaAustraliaBahamasBelgiumBrazil Load more
Policy area Other operating condition
Policy or regulatory element Instrument unspecified
Economic activity digital payment provider (incl. cryptocurrencies)
under deliberation

Licensing framework for virtual asset service providers

Latest event Date: 2022-07-06 law introduction
Introduced Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022

On 6 July 2022, the Hong Kong legislative chamber introduced the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022. The bill aims to amend the current Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 61…

Implementer
Hong Kong
Policy area Registration and licensing
Policy or regulatory element Business registration requirement
Economic activity digital payment provider (incl. cryptocurrencies)
adopted

Decision on WTO E-commerce Moratorium

Latest event Date: 2022-06-17 treaty adoption
Published decision on WTO E-commerce Moratorium

On 17 June 2022, the World Trade Organization (WTO) concluded the 12th Ministerial Conference and published a "Decision on the E-commerce Moratorium and Work Programme". Particularly, the Ministerial Conference decided to "reinvigorate" the Work Pro…

Implementer
WTO members
Policy area International trade
Policy or regulatory element Import tariff
Economic activity cross-cutting
adopted

Isreal-Hong Kong trial on Central Bank Digital Currency Cybersecurity

Latest event Date: 2022-06-16 outline announcement
Announced: Digital Currency Cyber Risk trial

On 16 June 2022, the Hong Kong Monetary Authority (HKMA), the Bank of Israel and the Bank for International Settlements Innovation Hub (BISIH) Hong Kong Centre, announced their collaboration to test the feasibility of a cyber secure two-tier retail …

Implementer
Hong KongIsrael
Policy area Data governance
Policy or regulatory element Cybersecurity regulation
Economic activity digital payment provider (incl. cryptocurrencies)
adopted

Securities and Futures Commission guidance on risks associated with non-fungible tokens

Latest event Date: 2022-06-06 outline adoption
Securities and Futures Commission issues guidance on risks associated with non-fungible tokens

On 6 June 2022, the Securities and Futures Commission issued a guidance for investors to lay out the risks associated with investing in non-fungible tokens (NFTs). The note reminds investors of the dangers of illiquid secondary markets, volatility, …

Implementer
Hong Kong
Policy area Other operating condition
Policy or regulatory element Consumer protection regulation
Economic activity digital payment provider (incl. cryptocurrencies)
adopted

Guidance on Recommended Model Contractual Clauses for Cross-Border Personal Data Transfers

Latest event Date: 2022-05-12 outline adoption
Issued PCPD Guidance on Recommended Model Contractual Clauses for Cross-Border Personal Data Transfers

On 12 May 2022, the Hong Kong Privacy Commissioner for Personal Data (PCPD) issued its Guidance on Recommended Model Contractual Clauses for Cross-border Transfer of Personal Data. The Guidance contains two sets of Recommended Model Contractual Clau…

Implementer
Hong Kong
Policy area Data governance
Policy or regulatory element Cross-border data transfer regulation
Economic activity cross-cutting
processing consultation

OECD/G20 Two-Pillar-Approach regarding the Taxation of the Digital Economy

Latest event Date: 2022-04-11 outline consultation closed
Closed consultation on Commentary for Pillar Two Global Anti-Base Erosion Model Rules

The OECD closed a consultation on the Commentary to support the implementation of the Global Anti-Base Erosion (GloBE) Model Rules contained in Pillar Two of the Framework for the Taxation of the digital economy. Particularly, the Commentary clarifi…

Implementer
G20
Policy area Taxation
Policy or regulatory element Direct taxes incl. digital service taxes
Economic activity cross-cutting
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