Upcoming FinTech-related regulatory developments - December 2020

30 November 2020

In this blog post, we round-up forthcoming developments in the UK and at EU and International levels in FinTech-related regulation which are expected for December 2020.

2 Dec	Deadline for responses to Department for Digital, Culture, Media and Sport (DCMS) consultation paper (CP) on a National Data Strategy
3 Dec	Deadline for transposition of the Directive on combating money laundering by criminal law
4 Dec	Deadline for expressions of interest in accessing and/or comments regarding the Payment Systems Regulator's (PSR's) confidentiality ring in relation to card-acquiring services market review
7 Dec	Deadline for responses to European Banking Authority (EBA) digital platforms industry survey 2020
8 Dec	Deadline for responses to PSR interim report on the card acquiring market review [the PSR announced on 27 November, that it intended to extend the consultation period and will make an announcement in due course, please see also the 4 December 2020 PSR entry] Payment Services and Electronic Money (Amendment) Regulations 2020 come into force
14 Dec	Deadline for responses to EBA CP on revision of guidelines on major incident reporting under revised Payment Services Directive (PSD2)
15 Dec	Deadline for responses to FCA call for input (CfI) on consumer investments market
31 Dec	Deadline for applications for cohort 7 of FCA regulatory sandbox FCA deadline for applications to participate in Global Financial Innovation Network (GFIN) cross-border testing of financial products and services Deadline for responses to ECB CP on draft Eurosystem oversight framework for electronic payment instruments, schemes and arrangements
Dec	Suspicious Activity Reports (SARs) Transformation Programme due to deliver first tranche of SARs IT transformation and target operating system

Article tags

financial services regulatory fintech fsr regulatory

Related categories

Cyber security, data protection and IT EU Europe Fintech IT & Technology Regulatory UK

Key contacts

Nick Pantlin

Partner, Head of TMT & Digital UK & Europe, London

Alex Kay

Partner, London

Disclaimer

The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.

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