AWS designated as a critical third party to the UK financial sector

Amazon Web Services EMEA Sarl (AWS) has been designated as a critical third party (CTP) to the UK financial sector by HM Treasury. The CTP regime came into force on January 1, 2025, and establishes a framework through which the Bank of England, PRA, and FCA (collectively the UK regulators ) can set requirements on and have direct oversight of designated CTPs. AWS supports the objectives of the UK regulators to ensure a robust financial system. AWS obligations under the regime…