Contributing to U.K. financial sector resilience as a critical third party

Google Cloud EMEA has been designated as a critical third party (CTP) to the U.K. financial sector under the CTP regime. This designation is due to the number and type of U.K. firms using Google Cloud's services and the materiality of their use cases. As a CTP, Google Cloud EMEA will be directly overseen by the U.K. financial regulators and will aim to build sector-wide operational resilience. Google Cloud remains committed to supporting its customers with operational resilience obligations and outsourcing requirements. This new designation will complement existing requirements and provide tangible benefits for the U.K. financial sector.