The changes related to the myDATA scheme announced through a recent press release are now established in law. The scheme remains voluntary for 2020 and mandatory from 1 January 2021, but a new phased timeline has been published and new historical data are in scope.
Data issued between October – December 2020 can be reported until 28 February 2021, but reporting remains voluntary. The reporting frequencies have also been clarified. For 2020, the reporting can be done until the 20th of next month, for 2021 it must be done in real-time.
