Learn more about BaFin Cloud Outsourcing Guidance
and how Google can help support your BaFin
BaFin issued guidance on outsourcing to cloud
service providers (BaFin Cloud Outsourcing Guidance)
to create greater transparency into the supervisory
assessment of cloud outsourcing.
The BaFin Cloud Outsourcing Guidance
provides specific outsourcing guidance for financial
institutions on contractual terms, including
information and audit rights, the right to issue
instructions, data security and protection,
termination and chain outsourcing.
Google Cloud's contracts for financial institutions
in Germany address the requirements in the BaFin
Cloud Outsourcing Guidance. We have also created
mappings to the BaFin Cloud Outsourcing Guidance for
to assist you with understanding how we can support
you with meeting the requirements and assessing us
as an outsourced service provider. Google Cloud is
committed to addressing these requirements
regardless of how financial institutions choose to
use our services.