Dear Members,

Welcome to the 62st monthly newsletter designed to keep BIIA members informed of the significant developments on the policy dossiers being worked on in geographical territories that members operate in.    To download this edition, please click on this link:  BIIA Monthly Regulatory Newletter 100522 62nd Edition Summary Final                                                                                                   


We apologize for the delay in posting this newsletter.  An unexpected surge in registrations for the BIIA 2022 Biennial Conference kept us busy. 

In ths month’s newsletter we report on a number of developments in the areas of data privacy, cybersecurity, information security, digital economy, artificial intelligence (AI) and Environmental, Social and Governance (ESG).

All of these topics were discussed at the BIIA 2022 Biennial Conference which was held in Singapore May 23rd to 25th. Our theme of ‘The Customer Relationship in a Data-driven Digital World’ and the conference programme has attracted a lot of interest with 170 delegates attending.

Readers will be aware that in the last two newsletter we have reported on the special Regulatory Roundtable on Alternative Data which was held on May 23rd in conjunction with the conference. We are pleased to report that we have seen a strong interest in the event with over 25 regulators attening.

As with previous Roundtables attendance at the event will be by invitation only. If you are a Regulator in the region and would like more information on the Roundtable and how you can attend please contact either Peter Sheerin ( or Neil Munroe ( 

We are keen to ensure that we cover as many relevant regulatory developments as we can in this newsletter so if you have any items you feel would be worth incorporating please do get in contact with Neil Munroe, Deputy Managing Director and Editor of the Regulatory Newsletter by email @

In this edition you will find the following topics:


  • APEC – Cross-Border Privacy Rules Go Global
  • EU – European Data Protection Board (EDPB) Adopts Statement on the Enhanced EU-U.S. Privacy Shield

Artificial Intelligence

  • China – Authorities enforce new rule on recommendation algorithms
  • EU – Artificial Intelligence Act


  • Australia – Digital economy regulation settings
  • EU – Launch of the EU Digital Platform


  • EU – European Commission adopts two proposals for cybersecurity and information security regulations


  • EU – Environmental, Social and Governance (ESG) ratings

More information on the latest regulatory developments from across the globe is available on the BIIA website in the Regulatory section 

BIIA would like to thank its fellow industry association, ACCIS, for allowing us to re-use certain information that they have published on regulatory developments within Europe.

Copyright © BIIA 2022 – For Member Internal Use Only –

To Request Permission to Publish Contact:  Neil Munroe at