Banking
AWS, Google, Microsoft and Oracle Are Now Supervised by the Bank of England
Six weeks after the CTP regime went live, the 60-second version of what changed on 13 July 2026, and what stays your bank's job.
13 July 2026Syd Lawrence
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3 posts on banking.
Six weeks after the CTP regime went live, the 60-second version of what changed on 13 July 2026, and what stays your bank's job.
From 13/07/2026 the Bank of England, PRA and FCA directly oversee AWS, Google Cloud, Microsoft and Oracle. Plain English on what changed for your money, in 7 minutes.
HSBC was charged $400m for UK fraud failures. If you have ever wondered whether your bank is truly watching out for your money, here is what this news means for you.