Global temperatures are likely to rise by over 1.5°C above pre-industrial levels over the next few decades, according to the latest report from the Intergovernmental Panel on Climate Change (IPCC).
But if governments and industry take immediate and Read more
The UK Government’s digital transformation project faces acute challenges, according to a report by the National Audit Office (NAO).
The NAO, which reports independently on government initiatives, found that most of the Government’s 11 digital strategies over the past Read more
Pundits expects global merger and acquisition (M&A) to increase in the second half of 2023 and they expect that environmental and social governance (ESG) to play a larger role in due diligence.
While investors said M&A deals would rise Read more
Audit committees are increasingly focusing on risk management this year, according to two leading surveys of executives.
Enterprise risk management (ERM) ranked second (45 per cent) – behind cybersecurity (63 per cent) – as one of their top areas Read more
The EU’s Digital Operational Resilience Act (DORA), due to be enforced in 2023/24, introduces EU-wide laws to ensure the operational resilience of the financial services industry. The proposal builds on current ICT risk management requirements and combines preexisting EU Read more
Surveys are showing mixed messages over business confidence making it difficult to predict investment trends.
In the UK, for example, Lloyds bank said that business confidence was up by 23 per cent at the beginning of 2023. The jump Read more
Risk managers rated cyber risk and business interruption as the top risks facing their organisations in 2023, according to a survey by the insurer Allianz.
Almost neck and neck in its annual survey, the report said that the Read more
Compliance fines and regulatory lapses continued to bite financial services firms hard in 2022.
The Financial Conduct Authority (FCA), the industry watchdog, posted over £215 million worth of fines on its website for 2022. Santander received the biggest Read more
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