德勤：2021年第四季度 亚太地区金融服务监管政策更新（23页）.pdf

1、Asia Pacific Financial Services Regulatory UpdateQ4 2021December 2021Asia Pacific Financial Regulatory Update Q4 20212 2021. For information, contact Deloitte Advisory (Hong Kong) LimitedIntroductionAustraliaChina mainlandHong Kong SARIndonesiaJapanMalaysiaSingaporeSouth KoreaTaiwanThailandContactNe

2、w ZealandSummaryIndiaPhilippinesVietnamIntroductionDear clients and colleagues,The Deloitte Asia Pacific Centre for Regulatory Strategy is pleased to share with you the key regulatory updates from our region for Q4 2021.COVID-19 in a new phase: Incremental COVID-19 impacts have started to fade as in

3、fections from the Delta variant gradually come under control, even in the severely affected jurisdictions such as Thailand and Indonesia. Though regulators are still cautious about the next wave of new cases, the number of pandemic-related measures is relatively small in this quarter. Rather, regula

4、tors attention has now shifted to the “back to normal” topics such as Basel III implementation and financial supervisory frameworks.New threats to the financial systems came arise as the Omicron variant, in a much faster pace, began to spread. Particularly, emerging economies with lower vaccination

5、rates could be more vulnerable to the new wave. Effectively, the new variant could have a backspinon the resumption of economic and social activities. Furthermore, outlook for the U.S. monetary policy for interest rate hikes may cause devaluation of the emerging currencies.We believe the regulatory/

6、monetary/fiscal policies in Asia Pacific (AP) have remained on their way to normalization in Q4, however there are still uncertainties lying ahead.Climate and sustainability: Climate risk has been a focus area with increasing importance in AP. UK/EU regulators are leading key topic areas such as cli