The move is designed to protect the country’s financial system and make sure they have measures in place to support outages or disruption.

Nearly every UK public body depends on US hyperscalers, concentrating billions of pounds and critical services in systems Whitehall cannot fully see inside.

The UK government is designating Microsoft, Google, Amazon, and Oracle as critical third parties under financial oversight, with implications for crypto

LONDON, July 10 : Britain on Friday designated cloud service providers Microsoft, Google, Amazon and Oracle as 'critical third parties', bringing them under direct regulatory…

Britain has designated Microsoft, Google, Amazon, and Oracle as critical third parties. This move brings these major cloud providers under direct regulatory oversight. The…

The UK has named Microsoft, Google, Amazon and Oracle its first "critical third parties", putting the four clouds under financial oversight from 13 July.

The UK government on Friday designated Microsoft, Google, Amazon and Oracle as "critical third parties", bringing their cloud service operations under direct regulatory oversight…

The move is designed to protect the country’s financial system and make sure they have measures in place to support outages or disruption.

HM Treasury designated AWS, Microsoft, Google, and Oracle as Critical Third Parties, placing them under Bank of England oversight for financial services.