Large-scale interconnected risk events are becoming systemic, according to a survey of chief audit executives. Organisations must regard crisis as the new normality and update their risk frameworks accordingly.

In fact, that traditional crisis management teams are ill-equipped Read more

The UK Government is to crack down on fraud by reforming Companies House and strengthening anti-money laundering powers.

Proposals contained in a new Bill – the Economic Crime (Transparency and Enforcement) 2022 Act (ECTE) – specifically targets “foreign elites” Read more

Covid-19 serves as a reminder of the unpredictable events that institutions are required to navigate, exposing a lack of operational resiliency and business continuity planning across the sector. As a result, in March 2021, the Financial Conduct Authority (FCA) Read more

Businesses need advanced risk oversight as executives worry that the volume and complexity of risk is growing harder to manage, according to a survey by accountancy bodies AICPA and CIMAR.

Yet only about one in three businesses has Read more

The European Union plans to crack down on forced labour by banning products made by victims of modern slavery.

The proposals cover products made in the European Union (EU) and imports that use such labour. They target goods in Read more

ESG disclosure by US fund managers needs more detail if it is to be meaningful, according to market insight consultancy Util.

It said managers using the UN Sustainable Development Goals must report on the Environment, Social and Governance Read more

Businesses face energy crunches and higher operating costs that could last for up to three years, according to the UK’s National Grid. Read more