Anne Petterd, principal at Baker McKenzie Wong & Leow, describes the state [or lack] of IoT regulation in Asia. She sums it up as "still developing". But while technology is certainly being looked at, she concedes that the real interest is in the data collected by IoT.
“If we all wait for the law to catch up we’d never get anything done,” she opined.
She also suggests that “businesses can take a proactive strategy by trying to understand what regulators and the public would be concerned, where the laws might go, and where the regulator's might intervene if they think there is an issue.”
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