Asia TMT Bulletin, November 2024

While increasingly cold outside, digital assets, AI, data and cybersecurity continue to be key regulatory focus areas in Asia, in what appears far from a tech winter.

This issue features further TMT regulatory updates across major markets in Asia, with continued focus on AI, digital assets regulatory reforms and continued evolution of data privacy and cybersecurity regulation in the region. Highlights includes Hong Kong’s securities regulator issuing new guidelines on AI language models urging prudent use amidst emerging risks. We are pleased to share more insights in our recent article. Meanwhile, for data protection, Australia advances privacy law reform and China’s Greater Bay Area enhances data protection standards. A notable development is the renewed regulatory focus on digital assets across Asia, with potential further reforms possibly to come in 2025.