UK has designated Amazon (AMZN) Web Services, Google (GOOG) Cloud, Microsoft (MSFT) & Oracle (ORCL) as Critical Third Parties from the 13th of July; will be subject to oversight by UK financial regulators
- "Four global Cloud Service Providers are to be brought under a new regime from next week to help strengthen the resilience of the UK’s financial system and protect the services millions of people and businesses rely on every day."
- "As banks, insurers and financial market infrastructures become increasingly reliant on cloud services, disruption at a major supplier could affect multiple firms at the same time, potentially impacting services customers depend on."
#AMAZON.COM INC#AMZN.US#GOOGLE INC#GOOG.US#MICROSOFT CORP#MSFT.US#ORACLE CORP#ORCL.US#SOFTWARE#EQUITIES#EU SESSION#BROADLINE RETAIL#SYSTEMS SOFTWARE#INTERACTIVE MEDIA & SERVICES#BROADLINE RETAIL (GROUP)#BANKS#INTERACTIVE MEDIA & SERVICES (GROUP)#CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL#BANKS (GROUP)#SOFTWARE & SERVICES#MEDIA & ENTERTAINMENT#S&P 500 INDEX#NASDAQ 100 INDEX#AMZN#ALPHABET INC#GOOG#MSFT#ORCL#US EQUITIES