[octodog]

Interestingly the Australian financial services regulator (APRA) has a requirement that companies have a multi-cloud plan for each of their applications. For example, a 'company critical' application needs to be capable of migrating to a secondary cloud service within 4 weeks.

I'm not sure how common this regulation would be across industries in Australia or whether it's something that is common in other countries as well.

[toomuchtodo]

US federal financial regulators and NYDFS have similar concerns and strong opinions, but nothing in statute or regulatory rule making yet (to my knowledge; I haven’t had to sit in those meetings for about 2 years).