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Regulatory Requirements Cloud Service Providers (CSPs) European Union

King & Spalding

Data Sharing in a Connected World: Does the EU Data Act Call for New Business Models?

King & Spalding on

The EU Data Act (the Act), entered into force on January 11, 2024 but most of its provisions will apply from September 12, 2025. For any organization that designs, manufactures, or uses connected products, provides related...more

Latham & Watkins LLP

EU Data Act Significant New Switching Requirements Due to Take Effect for Data Processing Services

Latham & Watkins LLP on

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

A&O Shearman

ECB publishes final guide on outsourcing cloud services

A&O Shearman on

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

DLA Piper

The Digital Decade and Its Transformative Impact on Cloud

DLA Piper on

The EU is advancing toward its Digital Decade goal of digital transformation by 2030, which includes at least 75% of EU business using cloud-edge technologies for their activities. Meanwhile, one of the cornerstone...more

BCLP

Joining the Dots - Will the UK’s New Critical Third Party Rules Truly Move the Dial for Financial Institutions?

BCLP on

The announcement in 2021 of the intention to implement new rules directly targeting the types of tech service provider relied on by most financial institutions may be a necessary corrective given the heavy market...more

Morgan Lewis - Tech & Sourcing

ESMA Publishes Guidelines on Outsourcing to Cloud Service Providers

The European Securities and Markets Authority (ESMA) on May 10 published final guidelines on outsourcing to cloud service providers (ESMA Guidelines) to help firms and competent authorities identify, address, and monitor the...more

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