Upcoming FinTech-related regulatory developments – June 2021

28 May 2021

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 June 2021.

2 Jun	Deadline for responses to EC targeted CP on instant payments (seeks feedback from PSPs and technology service providers)
14 Jun	New governance and oversight requirements for firms under the CRM Code for APP Scams apply
15 Jun	Deadline for comments on EC roadmap on Supervisory Data Strategy for EU Financial Services
23 Jun	Deadline for responses to EC CP on instant payments Deadline for responses to EC CP on proposed new regulation on AI
30 Jun	End of transition period for compliance with FCA rules on post-Brexit open banking identification requirements Deadline for responses to PSR call for views on second phase of confirmation of payee service
Jun	Expected approval of updated FATF guidance for virtual assets and VASPs FATF to have reviewed implementation and impact of AML/CTF standards on virtual assets and VASPs and so-called stablecoins GFXC finalise amendments to the Global FX Code (incl algo and anonymous trading); final code to be published shortly thereafter

Article tags

ai data instant payments open banking scams stablecoins vasps virtual assets

Related categories

EU Fintech IT & Technology Regulatory UK Uncategorized

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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