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The European Banking Authority (EBA) is 'an independent authority that works to ensure effective and consistent prudential regulation and supervision across the EU banking sector'. In December 2017, the EBA issued its Final Report: Recommendations on outsourcing to cloud services providers, which outlined a comprehensive approach to the outsourcing of cloud computing by financial institutions in the EU. The recommendations clarify when outsourcing to the cloud is permitted, apply a principles-based approach towards measuring risk from a technology-neutral perspective, and strive towards greater harmonization within Europe and beyond.
The EBA recommendations took effect in July 2018, and they build on and add clarity to the general outsourcing guidelines published in 2006 by the Committee of European Banking Supervisors. In fact, the issuance of these recommendations comes after a consultation period during which Microsoft provided substantive feedback. Many of the final recommendations account for comments Microsoft provided to the EBA.
To help financial institutions in the EU follow the European Banking Authority (EBA) recommendations for cloud adoption, Microsoft published European Banking Authority Guidance Addresses Cloud Computing for the First Time. This document addresses key requirements and explains how Microsoft Azure and Microsoft 365 can be used to satisfy them. The guidance can help financial institutions adopt Azure and Microsoft with the confidence that they can meet their obligations under the EBA framework.
The Microsoft guidance addresses, point by point, each of the EBA recommendations:
Acara
Ikuti Tantangan Microsoft Learn
19 Nov, 23 - 10 Jan, 23
Ignite Edition - Bangun keterampilan dalam produk keamanan Microsoft dan dapatkan lencana digital paling lama 10 Januari!
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