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.

90 events advancing 49 policy or regulatory changes:

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90 events advancing 49 policy or regulatory changes:
under deliberation

HKMA Project Ensemble Architecture Community

Latest event Date: 2024-05-07 outline announcement

Announced HKMA Project Ensemble Architecture Community

On 7 May 2024, the Hong Kong Monetary Authority (HKMA) announced the establishment of the Project Ensemble Architecture Community, aiming to collaborate with the industry to define standards and provide recommendations to support Hong Kong's tokenis…

Implementer
Hong Kong
Policy area Design and testing standards
Policy or regulatory element Interoperability requirement
Economic activity digital payment provider (incl. cryptocurrencies), DLT development
adopted

Shenzhen-Hong Kong cross-boundary data validation platform

Latest event Date: 2024-05-06 outline adoption

Launched Shenzhen-Hong Kong cross-boundary data validation platform

On 6 May 2024, the Hong Kong Monetary Authority announced the launch of the Shenzen-Hong Kong cross-boundary data validation platform. The platform uses blockchain technology and data coding to verify documents without necessitating the cross-bounda…

Implementer
ChinaHong Kong
Policy area Other operating conditions
Policy or regulatory element Organisational requirement
Economic activity digital payment provider (incl. cryptocurrencies), other service provider, DLT development
in force

PCPD investigation into Cyberport's data breach incident

Latest event Date: 2024-04-02 investigation ruling

Issued PCPD ruling following investigation into Cyberport's data breach incident

On 2 April 2024, the Privacy Commission for Personal Data (PCPD) ruled in an investigation into a data breach incident at Cyberport caused by a ransomware attack. This breach compromised the personal information of over 13'000 individuals, including…

Implementer
Hong Kong
Policy area Data governance
Policy or regulatory element Cybersecurity regulation
Economic activity other service provider
adopted

Securities and Futures Commission's order adding virtual asset trading platform 'MEXC' to Suspicious Virtual Asset Trading Platforms Alert List

Latest event Date: 2024-03-15 order adoption

Issued SFC order adding virtual asset trading platform 'MEXC' to Suspicious Virtual Asset Trading Platforms Alert List

On 15 March 2024, the Securities and Futures Commission (SFC) in Hong Kong issued a declaration warning the public against the unlicensed virtual asset trading platform 'MEXC'. The platform, actively promoting its services to Hong Kong investors, ha…

Implementer
Hong Kong
Policy area Authorisation, registration and licensing
Policy or regulatory element Operational license requirement
Economic activity digital payment provider (incl. cryptocurrencies)
under deliberation

Safeguarding National Security Bill implementing Basic Law Article 23 Legislation

Latest event Date: 2024-03-08 law introduction

Introduced Safeguarding National Security Bill implementing Basic Law Article 23 of the Basic Law

On 8 March 2024, the Safeguarding National Security Bill implementing Article 23 of the Basic Law was introduced in the Legislative Council of Hong Kong Special Administrative Region (SAR). The Bill covers the government's constitutional duty to saf…

Implementer
Hong Kong
Policy area Data governance
Policy or regulatory element Cybersecurity regulation
Economic activity cross-cutting
under deliberation

Hong Kong Monetary Authority Project Ensemble on central bank digital currency

Latest event Date: 2024-03-07 order announcement

Announced HKMA Project Ensemble to Support Tokenisation Market

On 7 March 2024, the Hong Kong Monetary Authority (HKMA) announced the commencement of Project Ensemble, a wholesale central bank digital currency (wCBDC) project aimed at supporting the development of the tokenisation market in Hong Kong. The proje…

Implementer
Hong Kong
Policy area Authorisation, registration and licensing
Policy or regulatory element Authorisation of goods or services
Economic activity digital payment provider (incl. cryptocurrencies)
adopted

Securities and Futures Commission's (SFC) Suspicious Virtual Asset Trading Platforms Alert List

Latest event Date: 2024-03-04 order adoption

Published Securities and Futures Commission's (SFC) Suspicious Virtual Asset Trading Platforms Alert List

On 4 March 2024, the Securities and Futures Commission (SFC) issued a public warning against suspicious websites impersonating two licensed virtual asset trading platforms, Hash Blockchain Limited and OSL Digital Securities Limited. The websites hsk…

Implementer
Hong Kong
Policy area Authorisation, registration and licensing
Policy or regulatory element Operational license requirement
Economic activity digital payment provider (incl. cryptocurrencies)
adopted

Decision on WTO E-commerce Moratorium

Latest event Date: 2024-03-01 treaty adoption

Extension of the WTO Moratorium on Customs Duties on Electronic Transmissions at MC13

On 1 March 2024, the Ministerial Conference of the World Trade Organisation (WTO) adopted a decision to continue the Work Programme on Electronic Commerce. The decision includes a specific focus on the development needs of developing and least-devel…

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

Regulatory Framework for Stable Currency Issuer Supervisory Regime and Launch of "Sandbox" Arrangement

Latest event Date: 2024-02-29 law consultation closed

Closed Consultation on Legislative Proposals for Stable Currency Issuer Supervisory Regime

On 29 February 2024, the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) closed their public consultation on the legislative proposals to regulate stable money issuers. The consultation sought views on t…

Implementer
Hong Kong
Policy area Authorisation, registration and licensing
Policy or regulatory element Operational license requirement
Economic activity digital payment provider (incl. cryptocurrencies)
concluded

PCPD Investigations into the Impact of the Development or Use of Artificial Intelligence on Personal Data Privacy

Latest event Date: 2024-02-21 investigation closure

Closed PCPD Investigations into the Impact of the Development or Use of Artificial Intelligence on Personal Data Privacy

On 21 February 2024, the Office of the Privacy Commissioner for Personal Data (PCPD) concluded investigations into 28 local organisations. The investigations, conducted from August 2023 to February 2024, aimed to identify the implications of Artifi…

Implementer
Hong Kong
Policy area Data governance
Policy or regulatory element Data protection regulation
Economic activity ML and AI development
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