The risks of protectionism for supply chains

With a looming trade war between the US and China and the potential for increased trade friction as the UK leaves the EU, the world is approaching a new era of protectionist trade policies – and the subsequent impact Read more

Mind the gender pay gap

The issue of a UK gender pay gap has been under the microscope recently, with reporting from the public sector due by March 30, and private sector companies with more than 250 employees required to report their gender pay Read more

Why ERM is crucial – Francis Lee CMIRM, one of the first IRM members to complete the Senior Executive Route.

The first training lesson I received on the topic of corporate failure when I joined Arthur Andersen as an external auditor over two decades ago, which included two primary reasons why companies failed: fraud and cash flow. Some years Read more

Social risk moves centre stage

The world is continuing to change – and change rapidly, with social matters arguably more important than ever to strategic and operational management and the way we deal with risk and uncertainty.

Social considerations are wide ranging and affect Read more

Embedding Risk Culture – Part 2

By Abhishek Paul IRMCert, IRM Ambassador for India, Associate Vice President: Natwest Markets Controls Assurance Lead, RBS Business, India

An effective risk culture is one that enables and rewards individuals and groups for taking the right Read more

IRM announces global ambassador for Vietnam, Cambodia and Laos

Saman Bandara SIRM, Partner, Head of Insurance, Forensics and IT Risk & Analytics at EY Vietnam, completed the Institute of Risk Management Financial Services Certificate a few years ago and has worked with EY for over 11 years. Read more

Regulation within crypto currency markets

By Alexander Larsen, CFIRM, President, Baldwin Global Risk Services

According to Reuters: “Japan’s financial regulator said on Friday it had ordered all cyrptocurrency exchanges to submit a report on their system risk management, following the hacking of over half Read more

We are none of us islands

In this interconnected and increasingly digitised world, many (indeed, perhaps most) risks and uncertainties that we contend with cannot be evaluated and managed in isolation.

Common features of interconnected risks and uncertainties include multiple characteristics, causes and consequences. Such Read more