By Maciej Boguslawski ( July 17, 2026, 13:46 GMT | Comment) -- Amazon Web Services, Google Cloud, Microsoft and Oracle have, as expected, become the first cloud companies in the UK to be designated as “critical” by UK financial regulators, who are looking ever closer at the market impact risks of system failures. The critical third party, or CTP, regime creates an entirely new supervisory relationship between financial regulators and technology providers, and the long-awaited live phase will likely be watched closely internationally.As widely expected, Amazon, Google, Microsoft and Oracle have become the first cloud service providers to be designated as “critical third parties” by UK financial regulators as they look ever closer at the risks of system failures and the impact that could have on the market....
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