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Safe Cloud Principles for the Financial Services Industry

In 2014, the ACCA endorsed the Open Data Alliance's (OCA's) Safe Cloud Principles for the Financial Services Industry (FSI).

Ten principles governing the safe consideration, selection, implementation, monitoring and termination of cloud services were put forth

1. Service Provider Reputation And Competence
2. Review, Monitoring And Control
3. Audit
4. Confidentiality And Certified Security Standards
5. Resilience And Business Continuity
6. Data Location And Transparency
7. Limits On Data Use
8. Data Segregation/Isolation
9. Conditions On Subcontracting
10. Conditions On Termination

We welcome your comments on the Principles - send your comments to This email address is being protected from spambots. You need JavaScript enabled to view it.

[download the full paper here]

About the Asia Cloud Computing Association (ACCA): The ACCA was established in 2010 as an industry trade association that represents the stakeholders of the cloud computing ecosystem in Asia, working to ensure that the interests of the cloud computing community are effectively represented in the public policy debate. The ACCA's primary mission is to accelerate the growth of the cloud market in Asia. We aim to promote the growth and development of cloud computing in Asia Pacific through dialogue, training, and public education. We also provide a platform for members to discuss implementation and growth strategies, share ideas, and establish policies and best practices relating to the cloud computing ecosystem. Contact us at [email protected]