EU Banking Authority Urges Regulators to Study Risks of Banks, Big Tech Links - NewsBreak
By Faria in Business
Updated 3 years ago
The increasing links between financial institutions and Big Tech, particularly in cloud computing, is alarming — and regulators need to sit up, the European Banking Authority (EBA) warned on Tuesday (Sept. 21). The European Union (EU) watchdog said that regulators are not up to speed on the risks associated as...