K&P acts as legal counsel on cloud computing implementation standard for banks

Kochanski & Partners | View firm profile

Kochanski & Partners is the exclusive legal partner of the
working group on a standard for cloud computing implementation in banks,
established by the Polish Bank Association (ZBP) and the Banking Technology
Forum.

In mid-July, the first meeting of the group was held, which was
attended by representatives of the largest banks in Poland and leading
technology companies. The objective of the group is to promote the use of cloud
computing technology in the Polish banking sector through the development of a
cloud computing implementation standard based on the existing PolishAPI.

The
working group will prepare a white-book to be published this autumn. The
K&P team of experts in banking law and new technologies, together with the
Polish Bank Association, will develop standards for the implementation of cloud
computing, taking into account the role of public trust institutions. In
addition, the K&P team will work on the development of internal audit tools
for providers and a solution compliance roadmap, and will also monitor the
proposed solutions/standards for compliance with Polish and EU legislation and
bank recommendations.

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