News

News

Talent shortages hamper risk management efforts

Doing business has become more difficult and uncertain since 2021 and shortages of talent in key areas are hampering risk management efforts, according… More

21 November 2023

For the first time in half a decade, the UK Corporate Governance Code is undergoing a significant transformation. The Code will provide extensive shifts in the responsibilities and obligations of larger organisations… More

The Bank of England (BoE) together with regulatory authorities have launched a series of documents which will form the basis for a new sterling-denominated stable coin regime for Britain. Papers published in November… More

The UK government has called for better understanding of artificial intelligence (AI) to balance the potential risks and opportunities in a discussion paper on the topic. There are a wide range of potential… More

Compliance functions and risk managers said that their top strategic priorities over the coming 18 months are keeping abreast of regulatory changes and mitigating emerging risk, according to Thomson Reuters. Half of respondents… More

Cyber risk is the leading systemic risk for the financial sector, according to the most recent report by the Bank of England. And while only 38 per cent said a high-impact event was… More

It is increasingly likely that the UK economy could move into recession in the last quarter of 2023, according to analysts. The UK’s private sector output dropped in September for the second month… More

Modern cars are a “privacy nightmare” and have questionable security practices, according to a report by the tech company Mozilla. While cars have increasingly been described as “computers on wheels” because of their… More

Smaller businesses are too overwhelmed by coping with day-to-day business demands to focus on sustainability issues, the UK accountancy body ICAEW said.  Research by the organisation showed that net zero, for instance, had… More

Climate-related litigation is becoming a major source of risk as cases against businesses continue to rise, according to Frank Elderson, a member of the executive board of the European Central Bank (ECB).… More