DIGITAL TRADE INTERNATIONAL EFFORTS OF THE AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION (ASIC) Within the Financial Technology (FinTech) sector, ASIC has formal innovator business referral arrangements with its counterparts in the United Kingdom, Singapore, Malaysia, Japan and Hong Kong. ASIC also has information sharing agreements with Kenya’s Capital Markets Authority and ASIC’s Indonesian counterpart, Otoritas Jasa Keuangan (OJK). These agreements enhance Australian capacity building programs in the region, specifically the Australia-Indonesia Partnership for Economic Governance, through direct regulator-to-regulator transfer of knowledge and experience. ASIC has also provided assistance via multilateral programs such as the Mekong Business Initiative and the APEC Financial Regulators Training Initiative, and through direct participation in the inaugural FinTech Regulation Bootcamp held in Singapore in October 2016. AUSTRALIA WILL: 1.05 Promote regulatory cooperation and coherence through Australia’s bilateral exchanges, the Australian free trade agreement agenda, Aid for Trade activities, as well as engagement in APEC and G20 19

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