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description: The U.K. Treasury has officially designated Google Cloud EMEA as a critical third party (CTP) to the U.K. financial sector. This means Google Cloud EMEA will...
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# Contributing to U.K. financial sector resilience as a critical third party

**[Google Cloud](https://daily.dev/sources/gcp)** · 3 min read · 0 upvotes · 0 comments

## Summary

The U.K. Treasury has officially designated Google Cloud EMEA as a critical third party (CTP) to the U.K. financial sector. This means Google Cloud EMEA will now be directly overseen by the Bank of England, the PRA, and the FCA. The designation reflects the scale and materiality of Google Cloud's services to U.K. financial firms. Google Cloud outlines how it will support customers in meeting operational resilience, outsourcing, and third-party risk management obligations under existing PRA supervisory statements, while engaging with regulators under the new CTP regime.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://cloud.google.com/blog/products/identity-security/contributing-to-uk-financial-sector-resilience-as-a-critical-third-party>

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---

Tags: [#security](https://daily.dev/tags/security), [#gcp](https://daily.dev/tags/gcp), [#fintech](https://daily.dev/tags/fintech), [#regulatory-compliance](https://daily.dev/tags/regulatory-compliance)

[View this post on daily.dev](https://daily.dev/posts/contributing-to-u-k-financial-sector-resilience-as-a-critical-third-party-p45y8500c)

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