Data Privacy & Security Data Privacy & Security

Comment: EU banking cloud rules see digital and financial regulatory cultures collide

By Jack Schickler and Matthew Newman
  • 05 Feb 2021 11:22
  • 10 Feb 2021 08:52
EU plans to regulate banks’ cloud computing have brought the traditionally borderless digital industry into the realm of resolutely territorial financial-sector regulation, with the outcome still to be determined by policymakers.

Industry complaints of over-ambitious scope, duplicate reporting, and a de facto requirement to site business in Europe have found some

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