News & Analysis as of

Cloud Computing United Kingdom

Wilson Sonsini Goodrich & Rosati

UK Regulator Says Game Over to Microsoft/Activision Deal

On April 26, 2023, the UK’s Competition and Markets Authority (CMA) blocked Microsoft’s $68.7 billion acquisition of Activision Blizzard over concerns the deal “would alter the future of the fast-growing cloud gaming...more

A&O Shearman

The Government announces updates to the NIS Regulations

A&O Shearman on

The UK Government announced that, following a public consultation in January 2022, the Network and Information Systems (NIS) Regulations (NIS Regulations) will be updated and strengthened to protect essential and digital...more

BCLP

Cloud, Data Centre Sale-Leasebacks and the Pandemic - Accelerating Trends for UK and European Regulated Firms

BCLP on

The COVID-19 pandemic has accelerated the two linked trends of financial institutions transferring their IT infrastructure to the cloud and selling their self-owned data centres in order to lease back only the reduced space...more

Morgan Lewis - Tech & Sourcing

FCA Publishes Report on Implementing Technology Change

The UK Financial Conduct Authority (FCA) has published its findings on an extensive review into the factors which determine failure or success when implementing technology change in the financial services sector....more

Hogan Lovells

Financial institutions general regulatory news, January 2021

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UK-EU trade and cooperation agreement After extensive negotiations, and within a week of the Brexit transition period ending on 31 - December 2020, the UK and the EU finally announced on 24 December 2020 that they had agreed...more

Dechert LLP

Overseas Production Orders – Where are we now?

Dechert LLP on

In March 2019 Dechert reported that the Crime (Overseas Production Orders) Act 2019 (the “COPO Act”) had granted UK authorities new extra-territorial powers....more

Morgan Lewis - Tech & Sourcing

FCA Decides Not to Implement EIOPA Guidelines in United Kingdom

The UK Financial Conduct Authority (FCA) announced on July 8 that the guidelines issued by the European Insurance and Occupational Pension Authority (EIOPA) on outsourcing to cloud service providers are not applicable to...more

White & Case LLP

Operational resilience, third party risk management and impact tolerance in the time of Coronavirus

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On 5 December 2019 the Bank of England (Bank), UK Prudential Regulation Authority (PRA) and UK Financial Conduct Authority (FCA) published coordinated consultation papers and policy on new requirements to strengthen...more

Hogan Lovells

Corporate Insurance Newsletter – January 2020

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The Hogan Lovells’ Corporate Insurance Newsletter for January 2020 has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants. In this...more

Society of Corporate Compliance and Ethics...

US signs CLOUD Act agreements with Australia and the United Kingdom

CEP Magazine, December 2019 - The US forged two agreements in the span of a week regarding the sharing of electronic data for law enforcement purposes with the governments of Australia and the UK. The agreements help each...more

BCLP

Getting The Deal Through - Cloud Computing 2020

BCLP on

What kinds of cloud computing transactions take place in your jurisdiction? As a G7 economy with mature IT and related services markets, the UK is one of the most important global markets for cloud computing. According to...more

Robins Kaplan LLP

Financial Daily Dose 10.28.2019 | Top Story: The EU gives Britain flexible 3-month Brexit extension

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The EU has granted the UK another extension for the Brexit process, giving Britain until January 31 to leave (unless its Parliament passes a divorce deal sooner)....more

White & Case LLP

Tech disputes adjudication: A new forum for dispute resolution

White & Case LLP on

London Technology Disputes - A new adjudication procedure for the resolution of technology disputes is set to launch in October 2019. The Society for Computers and Law ("SCL") announced in June 2019 that it is...more

Latham & Watkins LLP

European Banking Authority’s Draft Guidelines on Outsourcing: Discussion of Key Themes

Latham & Watkins LLP on

The EBA’s draft guidelines on outsourcing will impact cloud outsourcing and institutions’ deployment of FinTech. On 4 September 2018, a wide audience of interested individuals gathered at Canary Wharf for a public hearing...more

Pillsbury Winthrop Shaw Pittman LLP

SAP’s Licensing Time-Bomb - Software giant’s victory in “indirect use” case is cause for concern for companies worldwide

On February 16, 2017, the High Court of Justice in the United Kingdom held that Diageo plc, a global drinks company, was liable for unauthorized use of SAP software as a result of failing to secure “Named User” licenses for...more

Morrison & Foerster LLP

Cloud Computing: A move towards harmonization, or continuation of a tiered service provision?

Regulators in Europe have continued to publish guidance notes designed to encourage the take-up of cloud computing services. As we report in this Alert, the views of the UK financial services regulator on the risks and...more

BCLP

Cloud storage providers to abide by new UK checklist

BCLP on

As cloud storage has widely spread, there have been growing concerns from the UK authorities about whether consumer rights are effectively protected. New guidelines for consumers and a new checklist for industry bring fresh...more

Robins Kaplan LLP

Your daily dose of financial news The Brief – 4.11.16

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The UK’s Daily Mail is reportedly joining Verizon in the field of suitors for Yahoo’s assets – WSJ - It’s no surprise when mega mergers attract the government’s attention, as we’ve seen in past weeks around here. But...more

WilmerHale

A Closer Look at Cybersecurity Legislation and Regulations in the US and Abroad - Global Overview

WilmerHale on

With interconnectivity and use of digital storage expanding, cyberthreats posed by nation states, commercial competitors, company insiders, transnational organised crime and ‘hacktivists’ are growing on a global basis. Recent...more

Morrison & Foerster LLP

Cloud Computing in the Financial Services Sector – the UK FCA Gets On-Message

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It’s been a long wait but the UK’s financial services regulator, the Financial Conduct Authority (FCA), has published proposed guidance for UK-regulated financial services firms when using cloud computing solutions to...more

Morrison & Foerster LLP - Social Media

Socially Aware - Volume 5, Issue 7 - December 2014

In This Issue: - What’s in a Like? - R.I.P.: The Facebook “Like” Gate - Facebook Dislikes Fake Likes - Privacy in the Cloud: A Legal Framework for Moving Personal Data to the Cloud - Click...more

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