HM Treasury has published a policy paper which is proposing a new regulatory framework, whereby the Bank of England (BoE) and the Financial Conduct Authority (FCA) would have powers to visit and regulate the cloud sector. The ministry outlined that currently, over 65% of UK banking and insuran...
New legislation to enable UK financial watchdog to visit and regulate cloud data centers and other "critical third parties"
Jun 14, 2022 | Posted by MadalineDunn | United Kingdom