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National Law Review
National Law Review
7/24/2026
The original headline is: "HM Treasury Designates Four Critical Third Parties to the UK Financial System"

The original headline is: "HM Treasury Designates Four Critical Third Parties to the UK Financial System"

Original: HM Treasury Designates Four Critical Third Parties to the UK Financial System

Short summary

HM Treasury designated Microsoft, Google Cloud, AWS, and Oracle as critical third parties (CTPs) under the UK Financial Services and Markets Act 2023, effective 13 July 2026. The CTP regime allows UK regulators to directly oversee operational resilience of systemic tech providers to the financial sector, mirroring the EU's DORA framework. Further providers may be added over time as the regime is rolling and risk-based.

  • Four cloud providers designated as CTPs: Microsoft, Google Cloud, AWS, Oracle
  • UK regulators gain direct oversight of systemic tech services to financial sector
  • Regime parallels EU DORA; more providers may be designated over time

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