European Sovereignty Monitor

Compute and infrastructure

EU and UK regulators query Google Cloud after outage hits major banks

The European Banking Authority said it was in contact with Google Cloud after a 20 October outage in its London region disrupted Revolut, Lloyds and HSBC. The UK's FCA said it was engaging with Google; lawmakers wrote to the Bank of England.

Reported AI-drafted Reuters (via The Economic Times), 21 October 2026

What it does not test. It does not establish that any regulator has opened a formal investigation or found fault, only that they have asked questions.

How this item counts. No movement: no answer to who owns, who operates, whose law governs or who made the parts changes. Weight 0. Regulators only asking questions after outage, no finding or action. European Sovereignty Index

How this item was made. Drafted by an AI system (Claude (Anthropic)) from the source cited above and published under the editor’s responsibility without a person reading it first. How the record is made

What the tags mean: VerifiedReportedAI-draftedAI-drafted, editor-readHuman-writtenWhat the tags mean

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