19 March 2026
The intensifying regulatory environment across Australia, Singapore and Hong Kong is pushing financial institutions to drastically strengthen their transaction reporting controls and data governance.
Talking to FOW, Qomply’s Michelle Zak explores how such enforcement is reshaping expectations and why firms can no longer rely on “good enough” reporting.
She also shares why Qomply has expanded into Hong Kong to support clients navigating this shift.
“We are seeing a massive push toward strict enforcement and data governance right across the board. Down in Australia, the Australian Securities & Investments Commission (ASIC) has set the region's enforcement
standard with record-breaking penalties for reporting failures. Hong Kong was immediately identified as our top pick in ensuring we had access to the APAC market.” said Michelle.
Read the full article here.
The feature explores why APAC is becoming the new centre of gravity for transaction reporting, with growing enforcement pressure and stronger expectations around data governance and reporting controls.
The article highlights Australia, Singapore and Hong Kong as key markets where transaction reporting expectations and regulatory scrutiny are intensifying.
Qomply expanded into Hong Kong to support clients navigating rising transaction reporting expectations across APAC and to establish direct access to the regional market.
You can read the full article via the external FOW link included on this page.
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