In the rapidly evolving landscape of European tech regulation, the Data Act introduces changes with the potential to reshape established market dynamics, presenting significant challenges and opportunities for affected...more
8/20/2025
/ Cloud Service Providers (CSPs) ,
Data Privacy ,
Data Processing Rules ,
Data Processors ,
Data Protection ,
Digital Assets ,
EU ,
New Legislation ,
Regulatory Requirements ,
Service Contracts ,
Technology ,
Technology Sector
The new guidelines reflect the European Commission’s aim to provide additional certainty for regulated entities outsourcing to cloud services.
On 3 June 2020, ESMA published a consultation paper on draft guidelines...more
The final guidelines create new obligations for insurers that will impact cloud outsourcing arrangements.
On 6 February 2020, the European Insurance and Occupational Pensions Authority (EIOPA) published its final...more
2/27/2020
/ Cloud Service Providers (CSPs) ,
Draft Guidance ,
EIOPA ,
EU ,
European Banking Authority (EBA) ,
Financial Institutions ,
Insurance Industry ,
Outsourcing ,
Public Contracts ,
Reinsurance ,
Solvency II
The FSB is reviewing cloud provider concentration risk in the latest example of regulator concern over reliance on leading cloud providers by financial services institutions.
The Financial Stability Board (FSB), an...more
The guidelines create new obligations for financial, payment, and electronic money institutions that will impact cloud outsourcing and deployment of FinTech.
On 25 February 2019, the European Banking Authority (EBA)...more
3/19/2019
/ Cloud Service Providers (CSPs) ,
Cloud Storage ,
Commission Delegated Regulation ,
EU Directive ,
European Banking Authority (EBA) ,
Financial Institutions ,
FinTech ,
Information Reports ,
MiFID II ,
Outsourcing ,
Payment Systems ,
UK