AWS designated as a critical third party to the UK financial sector
HM Treasury's designation of AWS as a UK Critical Third Party foreshadows how DORA's ICT oversight regime may treat hyperscalers — EU financial-sector CISOs should prepare now.
Summary written by editorial AI · Source link below
Amazon Web Services EMEA Sarl (AWS) has been designated as a critical third party (CTP) to the UK financial sector by HM Treasury. The CTP regime came into force on January 1, 2025, and establishes a framework through which the Bank of England, PRA, and FCA (collectively the UK regulators) can set requirements on and […]
Editorial Analysis
If EU regulators follow the UK model, major cloud providers could face direct supervisory requirements, changing contractual and risk dynamics for all customers.
Assess concentration risk on AWS and document exit strategies as required by DORA's ICT third-party risk management provisions.
UK regulators now directly oversee AWS as critical infrastructure — a model the EU is likely to replicate under DORA.
Forward-looking interpretation drafted by editorial AI under human review — not a reproduction of the source. See methodology.
External link — opens at AWS Security Blog in a new tab.
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