Increased Oversight for Tech Giants: New Supplier Risk Regulations Proposed by the BoE

In a significant move aimed at bolstering financial resilience within the tech sector, the Bank of England (BoE) has announced plans to intensify scrutiny of large technology firms under newly proposed supplier risk regulations. This decision comes in the wake of growing concerns about the interconnectedness of the tech industry with the wider financial system and the potential hazards arising from this synergy.

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