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Loading...Latest changes, consultations, and guidance affecting cloud financial operations worldwide.
The EU Data Act introduces mandatory cloud switching provisions, requiring cloud providers to enable customers to move data and applications without disproportionate cost or technical barriers.
OMB has updated FedRAMP guidance to require cloud service providers to report standardized cost metrics to federal agency customers on a quarterly basis.
The FCA has opened consultation on new requirements for financial services firms to maintain complete visibility and transparency into cloud operational costs.
Updated MAS guidelines now explicitly address cloud cost management as a component of technology risk management for financial institutions.