News & Analysis as of August 14, 2025

Cloud Service Providers (CSPs)

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

ECB publishes final guide on outsourcing cloud services

A&O Shearman on 8/4/2025

The European Central Bank (ECB) has published its final guide on outsourcing cloud services, following from a July 2024 consultation. Feedback on the consultation is set out in an accompanying feedback statement. The guide...more

NIS2: What It Means for Businesses in APAC

Ankura on 1/21/2025

NIS2 (Network and Information Systems Directive 2) is the updated version of the NIS Directive, which the EU first introduced in 2016. The original NIS Directive aimed to enhance cybersecurity across member states by...more

DORA: Just Over Three Months Until Take Off

Latham & Watkins LLP on 9/30/2024

The deadline is fast approaching for in-scope financial entities and their ICT service providers to conform to the EU’s new digital operational resilience regulation. With effect from 17 January 2025, a broad range of EU...more

ESMA Draft Guidelines on Outsourcing to Cloud Service Providers

Morgan Lewis - Tech & Sourcing on 7/22/2020

The European Securities and Markets Authority (ESMA) published its draft guidelines on outsourcing to cloud service providers on June 3. Steven Maijoor, the chair of ESMA, indicated that the purpose of the guidelines is to...more

Global Patterns and Risks in Cybersecurity

Bennett Jones LLP on 9/28/2018

What are the emerging patterns and risks for cybersecurity in Canada, the United States, European Union and Australia? A global panel shared their views and predictions at last week’s 64th Pacific Rim Advisory Council (PRAC)...more

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