Enquête lancée sur l usage d AWS et Office365 par les institutions européennes lemondeinformatique.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lemondeinformatique.fr Daily Mail and Mail on Sunday newspapers.
The European Data Protection Supervisor the EDPS opened two investigations regarding cloud services under Amazon Web Services and Microsoft Office 365, EU General Data Protection Regulation requires protection for personal data when outside the European Economic Area EEA.
Eurobites: EU launches twin-pronged probe into its use of cloud services lightreading.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lightreading.com Daily Mail and Mail on Sunday newspapers.
Surveys and Reports
Regulatory Developments
United Kingdom: Financial Services Act 2021 becomes law
On 29 April 2021, the Financial Services Bill 2019-21 received Royal Assent. In a press release, HM Treasury described the Financial Services Act 2021 (the Act) as a ‘major milestone in shaping a regulatory framework for UK financial services outside of the EU.’ The Act makes significant amendments to key legislation, including the Financial Services and Markets Act 2000 (FSMA) and onshored EU financial services regulation.
Sections of particular relevance include the following:
Section 29 requires the FCA to consult on whether it should make rules providing that authorised persons owe a duty of care to consumers. The consultation was launched on 14 May 2021 (see the separate item below). The FCA must publish the results of its analysis before 1 January 2022 and make final rules by 1 August 2022;