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 March 2021.

 

2 Mar	Deadline for responses to European Commission consultation paper (CP) on review of rules for high-speed broadband Deadline for responses to European Data Protection Board (EDPB) CP on guidelines on examples regarding Data Breach Notification
12 Mar	Deadline for responses to European Securities and Markets Authority (ESMA) CP on EU Markets in Financial Instruments Directive II (MiFID II) review report on algorithmic trading
16 Mar	Deadline for responses to Competition and Markets Authority (CMA) Call for Information (CfI) on algorithms, competition and consumer harm
18 Mar	Deadline for responses to Commission adopted proposals for a directive on cybersecurity (Directive on security of network and information systems 2 (NIS 2)), repealing NIS 1
21 Mar	Deadline for responses to HM Treasury (HMT) CP and Call for Evidence (CfE) on cryptoassets and stablecoins
31 Mar	Deadline for responses to Law Commission CfE on smart contracts Deadline for responses to Commission adopted proposal for the Digital Services Act (Regulation)
Mar	Policy Statement (PS) to FCA CP20/22, including periodic fees for cryptoasset businesses Payment Systems Regulator (PSR) Annual Plan
Early spring	Launch of negotiations on UK-Singapore Digital Economy Agreement; Singapore to review increase in limits imposed on e-wallet payments in 2021
After Mar	Update/implementation of Digital Regulatory Reporting initiative expected