New AWS whitepaper: AWS User Guide for Federally Regulated Financial Institutions in Canada

Amazon Web Services (AWS) has released a new whitepaper to help financial services customers in Canada accelerate their use of the AWS Cloud.

The new AWS User Guide for Federally Regulated Financial Institutions in Canada helps AWS customers navigate the regulatory expectations of the Office of the Superintendent of Financial Institutions (OSFI) in a shared responsibility environment. It is intended for OSFI-regulated institutions that are looking to run material workloads in the AWS Cloud, and is particularly useful for leadership, security, risk, and compliance teams that need to understand OSFI requirements and guidance applicable to the use of AWS services.

This whitepaper summarizes OSFI’s expectations with respect to Technology and Cyber Risk Management (OSFI Guideline B-13). It also gives OSFI-regulated institutions information that they can use to commence their due diligence and assess how to implement the appropriate programs for their use of AWS Cloud services. In subsequent versions of the whitepaper, we will provide considerations for other OSFI guidelines as applicable.

In addition to this whitepaper, AWS provides updates on the evolving Canadian regulatory landscape on the AWS Security Blog and the AWS Compliance page. Customers looking for more information on cloud-related regulatory compliance in different countries around the world can refer to the AWS Compliance Center. For additional resources or support, reach out to your AWS account manager or contact us here.

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