Past Event

How could regulators address financial firms’ dependency on cloud and other critical IT services providers?

At this closed-door event Dirk Clausmeier, Head of IT security at the German Ministry of Finance will discuss financial institutions use of cloud service providers.

Date: January 28, 2021, 2:00 pm Topic: Finance & Financial Regulation

Financial firms, including banks and other regulated institutions and infrastructures, are increasingly outsourcing infrastructures, e.g. by using cloud services from “big tech” vendors, sometimes for some of their most critical functions. This generates new kinds of operational risks, including at a system-wide level. We will debate the ongoing and prospective financial sector policy responses with the German Federal Finance Ministry’s head of IT security.

This is an invitation-only event, open only to Bruegel members and a small number of selected invitees.

Schedule

Jan 28, 2021

14:00-15:00

Conversation

Chair: Nicolas Véron, Senior Fellow

Dirk Clausmeier, Deputy head of Division, German Federal Ministry of Finance

Speakers

Dirk Clausmeier

Deputy head of Division, German Federal Ministry of Finance

Nicolas Véron

Senior Fellow

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Matilda Sevon

[email protected]

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