Competition risk – new guide by IRM and CMA

Competition risk is a growing problem despite the fact that it is illegal. That is why IRM and Competition and Markets Authority (CMA) has teamed up to create a guide to the key risks – with case studies to Read more

How lessons learned from Covid-19 can enhance resilience in the insurance industry

Isaac Alfon, co-chair of IRM’s ERM in Insurance SIG and MD of Crescendo Advisers, suggests how lessons learned  from Covid-19 can enhance resilience in the insurance industry, Click here to read more.

Climate change: the next focus for boards

High-impact threats such as climate change are moving up the agenda as board rooms reassess their priorities in light of the current pandemic, according to the World Economic Forum.

The influential body suggests that boards take six steps Read more

Banks must do better on ICT risk says ECB

Banks must do better on their management of critical ICT risks, according to a comprehensive survey by the European Central Bank. The results are likely to be replicated in other organisations as many sectors spend considerably less money Read more

Regulator advises better reporting on Covid-19

Companies need to clearly state the assumptions over issues such as whether the business is a going concern due to the impact of the Covid-19 pandemic, according to the Financial Reporting Council (FRC).

While most companies had provided Read more

Integrated thinking key to managing crisis

Integrated thinking is key to managing the crisis that has followed the spread of coronavirus around the globe, according the global body of professional accountants IFAC. That is particularly true of those in senior management and those charged with Read more

East Africa plagued by locust risk

East Africa could suffer a drop in GDP growth because swarms of locust have been devastating crops in countries in Africa including Ethiopia and parts of Kenya and Uganda, according the ratings agency Fitch.

The swarms are the Read more

New cyber risks for electricity sector

While the electricity industry thoroughly addressed security risks in order to protect critical infrastructure and ensure continuity and quality of power supply, the new era of automation brings additional cyber risks. according to a new report by the World Read more