I respond with a simple question of my own:
The fact is that many of the existing regulations already apply to clouds. For example, information security on government clouds is still subject to the Federal Information Security Management Act (FISMA), although a few enhancements are being discussed to make the act more amenable (i.e. less bureaucratic) for clouds. Similarly, all of the data privacy (national and transborder) laws still apply to a cloud environment. Thus, IMHO, most of the legal issues surrounding clouds may already be addressed within the context of the existing legal framework reinforced by contractually enforceable SLAs. An evolving body of "case law" may also help address some of the "grey" issues that arise as cloud use becomes more pervasive.
At the same time, I don't think we can completely rule out the possibility of a few new and very cloud-specific regulations, especially if they help alleviate public concern and increase speed of adoption.





