Model Terms Demanded for Cloud Service Agreements with European Banks
By EsqSocial Corporation 03/06/21
An interest group of EU banks that was formed to assist European financial institutions with their use of public cloud technology recently suggested model terms for the compliant use of cloud technology. On May 17, 2021, the European Cloud User Coalition ("ECUC"), an interest group of EU banks formed to assist European financial institutions ("FI") with their use of public cloud technology, published a position paper with proposed solutions to challenges in connection with the compliant use of...
By: Jones Day