Catholic University Journal of Law and Technology
Abstract
The purpose of this article is to analyze whether cloud service providers should be considered Systemically Important Financial Market Utilities (SIFMU), subjecting them to increased oversight. It also considers the risks and benefits associated with the use of the technology by financial institutions, as well as potential alternatives. Overall, this article argues that cloud service providers do not fall under the current SIFMU framework, and any regulation of the technology should strive to strike a balance between innovation and safe regulation.
Recommended Citation
Morgan Willard,
To Innovate or Regulate: How to Regulate Cloud Service Providers Within Financial Institutions,
29
Cath. U. J. L. & Tech
159
(2021).
Available at:
https://scholarship.law.edu/jlt/vol29/iss2/8
Included in
Antitrust and Trade Regulation Commons, Banking and Finance Law Commons, Business Organizations Law Commons, Communications Law Commons, Consumer Protection Law Commons, Disaster Law Commons, Intellectual Property Law Commons, Internet Law Commons, Science and Technology Law Commons, Securities Law Commons