Images are still loading please cancel your preview and try again shortly.

Accessibility tools

Fintech Global

Year in Review 2020 and Year to Come 2021

Fintech Global Year in Review 2020 and Year to Come 2021

As part of Linklaters’ “Year in Review, Year to Come” series, our global fintech team has published its Fintech Year in Review and Year to Come publication.

In this, we have summarised key legal and regulatory developments in the fintech space in 2020 and looking forward to 2021. Our review covers the full breadth of the fintech legal spectrum and addresses global, EU and country specific developments for 16 jurisdictions.

Visit our dedicated Fintech page to find out more about our solutions-driven advice, our other Fintech content: thought leadership, podcasts, videos and our FintechLinks blog, which provides fintech-focused news and updates from around the world.

7 Fintech Predictions for 2021

 globe png

We have also identified 7 key predictions for the year to come.

Regulatory frameworks race to catch up with innovation

New technologies, including distributed ledger technology and artificial intelligence, continue to prompt questions as to the application and suitability of existing financial regulation. New business models and the entry of BigTech into the financial sector have also raised questions as to the adequacy of current frameworks. As regulators across the globe grapple to uphold the principle of “same activity, same risks, same rules”, we are likely to see more clarifications and amendments to regulation.

Increasing regulation of tech and data

Regulators are increasingly concerned to ensure that the pivotal role that technology and data companies play for individuals and businesses does not lead to abusive behaviour or systemic risks to markets and essential supplies. In financial services, regulators around the world will continue to extend their influence over these companies either indirectly (via stricter technology risk management and operational resilience rules on financial institutions) or directly (such as recent EU and U.S. proposals for direct enforcement powers against systemically important tech and social media companies).

Tech Legal Outlook 2021

Read our complementary report exploring the key global trends in the technology sector that we believe will shape the legal outlook for businesses in 2021 and beyond.

Key contacts

Find a Linklaters fintech lawyer in your region

Explore our Year in Review 2020 and Year to Come 2021 series across 20+ jurisdictions and a number of topics.

Explore the series
x Find a Lawyer