News

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.… 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)… 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… More

Third party errors have hit the operational flow of over eight in ten businesses (84 per cent), according to a pole of executive risk committees. Impacts include operational disruptions, financial or reputational… 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… 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,… 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… More

The cost-of-living crisis has topped the World Economic Forum’s 2023 report – up from second place in 2023. It was cited as the number one risk over the next two years followed by natural… More

Businesses are out of step on biodiversity as the world sets landmark targets to address the issue. Nations agreed to protect a third of the planet for nature by 2030 at December… More