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The UK just declared Microsoft, Google, Amazon and Oracle ‘critical’ to its financial system

The UK just declared Microsoft, Google, Amazon and Oracle ‘critical’ to its financial system
The Next Web

Britain’s banks run on four American clouds. The Treasury reckons two-thirds of UK firms lean on the same handful. Now the regulators are stepping in. The UK has named Microsoft, Google, Amazon and Oracle as “critical third parties” to its financial system, as Reuters first reported. The designation takes effect on 13 July. These are […] This story continues at The Next Web

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