U.K. Regulators Designate Major Cloud Providers as Critical Third-Party Services Effective July 13
The U.K. government has designated Microsoft's Azure, Google Cloud, Amazon Web Services (AWS), and Oracle as critical third-party providers to the financial sector, placing them under direct regulatory oversight starting on July 13. This move aims to enhance resilience in essential financial services by addressing risks associated with reliance on cloud infrastructure.
Tickers: $AMZN $GOOG $MSFT $ORCL
Topics: AWS cloud computing financial regulation Google Cloud Microsoft Oracle