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.
Greece: Amendment to myDATA law following previous press release
Joanna Hysi
November 9, 2020
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Joanna Hysi
Joanna is a Senior Regulatory Counsel at Sovos. Based in Stockholm and originally from Greece, Joanna’s background is in commercial and corporate law with research focus on EU law and financial innovation. Joanna earned her degree in Law in Greece and her masters in Commercial and Corporate from London School of Economics and Political Science (LSE) in London.
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