SIFMA and Bortstein Legal Group first developed the white paper mentioned below in 2020 and we are now releasing this updated 2024 version because the use of cloud has grown so significantly.

Since 2020, the attention of regulators on cloud services has also grown, especially in light of the focus on broader topics such as operational resiliency and technology risk.  In this white paper, we examine the regulatory frameworks in the United States, the European Union, the United Kingdom, and Canada relevant to financial institutions’ relationships with providers of cloud services.

Click here to download the Navigating Regulatory Challenges in Cloud Services Agreements white paper from the SIFMA website.