The International Regulatory Strategy Group (IRSG) would like to share its concerns, in line with other industry representatives, on the cloud sovereignty requirements which are currently being discussed as a key element of the EU Cybersecurity Certification Scheme for Cloud Services (EUCS).
Our response to the Department for Science, Innovation and Technology’s (DSIT) call for evidence on ‘Smart Data opportunities in digital markets’
We support the development of a Smart Data ecosystem in the UK, leveraging the Data (Use and Access) Act (DUA Act) to facilitate secure and transparent data sharing. The UK financial services industry is already a global leader in Smart Data initiatives, and DSIT should consider our industry’s experience with Open Banking as a blueprint for wider reform.