A bank must comply with regional data storage laws while serving customers globally. Which cloud capability addresses this requirement?

Compliance and data residency directly addresses the bank's need to adhere to regional data storage laws while operating globally. Cloud providers offer services and regions designed to meet specific regulatory requirements and allow data to be stored in particular geographic locations. Agility refers to the ability to rapidly develop, test, and deploy applications, which is not directly about legal data storage. Geo-distribution is about distributing resources across different geographical locations for performance or disaster recovery, but doesn't inherently guarantee compliance with specific data residency laws. Elasticity is the ability to automatically scale resources up or down based on demand, which is unrelated to legal data storage requirements.