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Do you have site feedback? Post here. Partner Center Dashboard. Turn on suggestions. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Showing results for. Search instead for. In general, the laws and guidelines support the point of view that cloud computing involving third-party services qualifies as a form of outsourcing, and financial institutions in the Netherlands must address the associated risks before moving business activities to the cloud.
These include:. Using a template that the DNB provides, they must submit a mandatory risk analysis that includes:. To help guide financial institutions in the Netherlands considering outsourcing business functions to the cloud, Microsoft has published a compliance checklist for financial institutions in the Netherlands.
By reviewing and completing the checklist, financial organizations can adopt Microsoft business cloud services with the confidence that they are complying with applicable regulatory requirements. The Microsoft checklist helps financial firms in the Netherlands conducting due-diligence assessments of Microsoft business cloud services and includes:.
However, the Circulaire Cloud Computing states that the DNB expects supervised Dutch institutions to submit a risk analysis concerning prospective outsourcing arrangements before engaging in cloud computing. Are there any mandatory terms that must be included in the contract with the cloud services provider?
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